Anglo American share price tumbles from R539 in 2008 to just over R70 today

(Click here for more from Bruce Whitfield's The Money Show.)

Anglo American’s share price peaked at R539 on 20 June 2008.

At that time CEO Cynthia Carroll was using company money to buy back shares.

Then the Global Financial Crisis hit and the share price fell to R150 before staging a recovery to around R400.

Today it managed to stay just about R70.

Listen to the audio for more detail.

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Anglo American share price tumbles from R539 in 2008 to just over R70 today


Recommended

by THE NEWSROOM

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
‘I’d get slaughtered for this, but I think it’s possible to rehabilitate Gigaba’

‘I’d get slaughtered for this, but I think it’s possible to rehabilitate Gigaba’

Bruce Whitfield asks Business Day Editor-in-Chief Peter Bruce to speculate on President Cyril Ramaphosa’s Cabinet.

JoJo - struggling to keep up with demand - now has a turnover of R600 million

JoJo - struggling to keep up with demand - now has a turnover of R600 million

The JoJo brand has entrenched itself in the psyche of South Africans. Bruce Whitfield interviews its MD, Grant Neser.

Why we celebrate a saints day with commercial things to show love

Why we celebrate a saints day with commercial things to show love

Valentine's Day is hundreds of years old, but some of the tokens of our love are quite new.

What we learned from the Steinhoff failure (SA's largest corporate scandal ever)

What we learned from the Steinhoff failure (SA's largest corporate scandal ever)

The Money Show’s Bruce Whitfield interviews Perpetua cofounder Delphine Govender.

Why you must own Investec, Anglo American and Sasol shares, according to N-e-FG

Why you must own Investec, Anglo American and Sasol shares, according to N-e-FG

N-e-FG CIO Gerbrand Smit chooses Investec, Anglo American and Sasol as his stock picks for the week. Here’s why…

Why Busha Investment Group is buying Anglo American, Nedbank and Old Mutual

Why Busha Investment Group is buying Anglo American, Nedbank and Old Mutual

Anglo American, Nedbank and Old Mutual count among the hottest stocks on the Johannesburg Stock Exchange right now. Here’s why…

Popular articles
‘Maimane, Malema will find Ramaphosa harder to deal with than easy-target Zuma’

‘Maimane, Malema will find Ramaphosa harder to deal with than easy-target Zuma’

Afternoon Drive’s Stephen Grootes interviews Senior Research Associate at the Institute for Security Studies Judith February.

Hawks video shows fugitive Ajay Gupta leaving SA

Hawks video shows fugitive Ajay Gupta leaving SA

The Hawks are in possession of video footage showing Gupta, wanted in connection with Vrede dairy farm scandal, leaving SA.

Eusebius says EFF misread the moment by walking out on President's election

Eusebius says EFF misread the moment by walking out on President's election

Eusebius Mckaiser asked callers what they thought of how opposition parties conducted themselves in yesterday's election.

LISTEN: Tannie Evita predicted Ramaphosa would be president in 1994

LISTEN: Tannie Evita predicted Ramaphosa would be president in 1994

Tannie Evita Bezuidenhout shares her thoughts on SA's new president.

Zwane, Dlamini, Muthambi and Gigaba may be axed in Ramaphosa reshuffle - journo

Zwane, Dlamini, Muthambi and Gigaba may be axed in Ramaphosa reshuffle - journo

Cyril Ramaphosa is expected to reshuffle the Cabinet as he takes over from Zuma and makes his mark the National Executive.

Hope Ramaphosa: Cyril never lifted a finger to me, he wouldn't beat a woman

Hope Ramaphosa: Cyril never lifted a finger to me, he wouldn't beat a woman

Cyril Ramaphosa's ex-wife says abuse allegations spread by EFF leader Julius Malema are an attempt to tarnish his reputation.