Chris Logan joined the BizNews Power Hour to unpack Cartrack’s listing on the Nasdaq. Logan has been invested in the company for quite a long time, making him well-placed to explain the listing. The company provides tracking devices for vehicles, for fleet tracking or recovering stolen vehicles. “In many ways, it’s been a misunderstood share on the JSE. Ownership by South Africans has declined consistently. Foreign investors who appreciated the growth potential have bought up most of the free float. It’s eventually culminated in Cartrack moving its primary listing to Nasdaq”. Logan explains the complicated transition over to Nasdaq. – Jarryd Neves