On Wednesday, Naspers closed R21.92 or 2.28% down to R940 on the local exchange, giving the group a market cap of R391 billion.
Speaking on CNBC Africa, Theron said: “I think its going well through that R1,000 a share mark. I think it will be fun to own it at that time.”
Naspers, through its subsidiary MIH, has a 34% interest in Tencent, China’s biggest Internet company.
“I think we are going to see Tencent trading higher on the Hong Kong market which is going to push Naspers through that R1,000 a share limit here on the local market. I know it is pretty elevated and at a pretty frothy price, but I think that its the stock we have got to own.”
On Monday, shares in Tencent surged as much as 5% after analysts at Barclays named the group among its top picks in China’s online sector. That boosted Naspers initially, however, it has since retreated during the course of the week, from a high of R980.
Internet search giant Google recently broke through $1,000 per share on the Nasdaq, while Facebook has lifted past the $50 a share mark having initially listed at $38 in 2012.