Dave Woollam's guest appearances

Dave Woollam

Rational Radio

BizNews Radio

Trevor Manuel

Ocean Basket

Simon Lincoln

Sol Kerzner

Mark Bristow

Barry Swartzberg

Roelof Botha

Russell Loubser

Peter Hain

Paul O'Sullivan

Ian Kilbride

Martyn Davies

Stephen Koseff

Tim Modise

Adrian Gore

OwlTail

Analyst and whistleblower Dave Woollam has once again questioned the need for Tongaat’s highly dilutive capital raise. The main issue surrounds the underwriter, Magister, whose investments and past business dealings are largely unknown. Magister – which is tied to Zimbabweans, the Rudland family – will underwrite R2bn of the R4bn rights issue, meaning that in all likelihood they will take control of the business post rights issue. Existing shareholders will be expected to cough up to six or seven times the existing value of their shares to keep their pro rata shareholding in the company. If not, they face being diluted by more than 90%. A sad state of affairs for long-suffering shareholders.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Analyst and whistleblower Dave Woollam has once again questioned the need for Tongaat’s highly dilutive capital raise. The main issue surrounds the underwriter, Magister, whose investments and past business dealings are largely unknown. Magister – which is tied to Zimbabweans, the Rudland family – will underwrite R2bn of the R4bn rights issue, meaning that in all likelihood they will take control of the business post rights issue. Existing shareholders will be expected to cough up to six or seven times the existing value of their shares to keep their pro rata shareholding in the company. If not, they face being diluted by more than 90%. A sad state of affairs for long-suffering shareholders.  Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices" rel="nofollow" target="_blank">megaphone.fm/adchoices</a>

Tongaat rights issue to go ahead – whistleblower Dave Woollam questions everything

Tongaat Hulett

Former banker turned shareholder activist Dave Woollam explains why he decided to take a deep dive into troubled Tongaat Hulett. In this excerpt from the Rational Radio webinar, Woollam tells BizNews editor-in-chief Alec Hogg that Tongaat Hulett's financial results are a textbook case of the absurdity of the International Financial Reporting Standards. - Nadya Swart  Learn more about your ad choices. Visit megaphone.fm/adchoices

Former banker turned shareholder activist Dave Woollam explains why he decided to take a deep dive into troubled Tongaat Hulett. In this excerpt from the Rational Radio webinar, Woollam tells BizNews editor-in-chief Alec Hogg that Tongaat Hulett's financial results are a textbook case of the absurdity of the International Financial Reporting Standards. - Nadya Swart Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices" rel="nofollow" target="_blank">megaphone.fm/adchoices</a>

Dave Woollam: Separating fact from fiction in the Tongaat Hulett accounts

Former banking executive and now private investor Dave Woollam lives in the heart of KZN where the collapse of the province's once iconic corporation Tongaat Hulett has caused huge ructions. After picking up concerns among family and friends more than a year ago, chartered accountant Woollam started investigating by looking back at financial statements of the past decade. After seeing any number of red flags, he approached the company but got short shrift from the board of directors.......Here's his story. - Alec Hogg

Dave Woollam: A Tongaat whistleblower breaks cover