Date: Tuesday 09 Jun 2015
LONDON (ShareCast) - Pan African Resources shares declined after shareholders learned the 23.86% stake held by Shanduka will be bought by the Mabindu Trust, an investment vehicle of the China Investment Corporation and the Standard Bank of South Africa.
The transaction is the result of Shanduku's agreement with Pembani Group to merge the two companies.
The share price had declined 5.35% to 10.89p by 10:47.
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 23.80p |
Change Today | 0.85p |
% Change | 3.70 % |
52 Week High | 24.60 |
52 Week Low | 12.02 |
Volume | 6,072,191 |
Shares Issued | 2,222.86m |
Market Cap | £529.04m |
RiskGrade | 255 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 2 |
Buy | 1 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 3 |
Latest | Previous | |
---|---|---|
Final | Final | |
Ex-Div | 30-Nov-23 | 01-Dec-22 |
Paid | 12-Dec-23 | 13-Dec-22 |
Amount | 0.75p | 0.91p |
Time | Volume / Share Price |
16:35 | 783,223 @ 23.80p |
16:35 | 4,333 @ 23.80p |
16:35 | 46 @ 23.80p |
16:35 | 70 @ 23.80p |
16:35 | 435 @ 23.80p |
CEO | Cobus Loots |
Finance Director | Deon Louw |
You are here: research