In a series of trades of the Oakbay stock, he has produced a graph that literally gives the Gupta family the middle finger. The Financial Services Board (FSB) hasn’t appreciated Gubb’s combination of art and mathematical genius. Nor has it joined the dots. Instead, it has levied a hefty R100k fine on James Gubb. Others, meanwhile, who have genuinely benefited from insider trading and foreign currency plays go unpunished.— Jackie Cameron
James Gubb is a mathematical genius and South Africa’s most epic troll.
Gubb executed a series of trades that of Oakbay shares – when visually represented – gives the Gupta family (and all their friends) the middle-finger… literally!
See image below...
Many South Africans are clamouring to give that man a Bells.
The JSE and the Financial Services Board, however, are not amused.
They’ve fined him a whopping R100 000 for his clever protest art.
Click here for a detailed article.
The Money Show’s Bruce Whitfield interviewed Gubb.
He explained what he's done, and how he did it.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
I literally did exactly what Pravin asked me to do.— James Gubb
I didn’t think they were going to be so heavy handed.— James Gubb
They [JSE, FSB] looked like stunned mullets! They nodded their heads and laughed.— James Gubb
We’ve got to stand up and do whatever we can to fight this cancer.— James Gubb
I’ve been vindicated by Oakbay being delisted.— James Gubb
I was a soft target. I didn’t cover anything up. There was nothing hidden.— James Gubb
I have to pay the fine… life’s for enjoying.— James Gubb
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