Ghost Bites
Ghost Bites (Assura – Primary Health Properties | Labat Africa | MC Mining | Ninety One | Orion Minerals | Southern Palladium)
Assura's reasons for changing their recommendation on KKR / Stonepeak look weaker by the day. Orion Minerals supports small shareholders. Ninety One's AUM moved higher. Labat Africa might dispose of businesses. MC Mining needs a turnaround at Uitkomst. Southern Palladium gives further details on the optimised prefeasibility study.
Ghost Bites
Ghost Bites (ArcelorMittal | Mantengu Mining | South32 | Supermarket Income REIT | Tharisa)
ArcelorMittal's longs business is still likely to close. South32's Mozal Aluminium smelter is also at risk. Supermarket Income REIT's latest deal is a fascinating data point for property pricing in the UK. Tharisa corrected a financial error. Mantengu Mining is changing its name.
Ghost Bites
Ghost Bites (Accelerate Property Fund | Delta Property Fund | MAS | Schroder European Real Estate)
MAS shareholders have spoken - and Prime Kapital have a fight on their hands. Accelerate Property Fund is trying to tie up loose ends with related parties. Schroder's European portfolio is a mixed bag. Delta's disposal of 88 Field shows how CBDs have deteriorated.
Ghost Bites
Ghost Bites (Renergen | Southern Palladium)
Renergen shareholders have given a resounding yes to the ASP Isotopes deal. Southern Palladium has released an optimised prefeasibility study that shows improved returns and a lower peak funding requirement.
Ghost Bites
Ghost Bites (MAS | Renergen | Stefanutti Stocks | Tharisa)
MAS has heated up once more, with a group of local asset managers firing a salvo at the board. Renergen is in dispute with a shareholder in Tetra4. Tharisa's production is up, but guidance is under pressure. Stefanutti Stocks has a new deal to sell Mozambique and Mauritius.
Ghost Bites
Ghost Bites (Orion Minerals | Prosus | Vodacom – Remgro)
Vodacom and Remgro finally got their fibre deal approved by competition regulators, with only a formality to come. Prosus enjoyed strong support in the debt market. Orion Minerals is raising capital the right way.
Ghost Bites
Ghost Bites (Assura – Primary Health Properties | South32)
Assura shareholders aren't exactly rushing to accept the Primary Health Properties offer, with Primary Health releasing a trading update to try and drive more acceptances. South32 is getting rid of the nickel mine in Colombia.
Ghost Bites
Ghost Bites (HCI | MAS)
HCI's proposed deal to sell properties to SACTWU is far from a vanilla transaction. MAS' joint venture agreement with PK is a cautionary tale about the danger of unanimous approvals.
