Pan African Resources (PAF)

Sector:

Mining

Index:

FTSE AIM 100

23.80p
   
  • Change Today:
      0.85p
  • 52 Week High: 24.60
  • 52 Week Low: 12.02
  • Currency: UK Pounds
  • Shares Issued: 2,222.86m
  • Volume: 6,072,191
  • Market Cap: £529.04m
  • RiskGrade: 255

Pan African reveals Shankduka-Pembani merger will result in sale of stake

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.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PAF Market Data

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

PAF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.22% above the market average62.22% above the market average62.22% above the market average62.22% above the market average62.22% above the market average
22.73% above the sector average22.73% above the sector average22.73% above the sector average22.73% above the sector average22.73% above the sector average
Price Trend
86.24% above the market average86.24% above the market average86.24% above the market average86.24% above the market average86.24% above the market average
84.83% above the sector average84.83% above the sector average84.83% above the sector average84.83% above the sector average84.83% above the sector average
Income
44.79% above the market average44.79% above the market average44.79% above the market average44.79% above the market average44.79% above the market average
8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average
Growth
81.69% below the market average81.69% below the market average81.69% below the market average81.69% below the market average81.69% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PAF Dividends

  Latest Previous
  Final Final
Ex-Div 30-Nov-23 01-Dec-22
Paid 12-Dec-23 13-Dec-22
Amount 0.75p 0.91p

Trades for 23-Apr-2024

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

PAF Key Personnel

CEO Cobus Loots
Finance Director Deon Louw

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