Market Report: Taking Stock
Friday 11 April 1997
Commonwealth Gold, with interests in Botswana, Liberia, New Zealand and Zimbabwe, arrived on Ofex through an introduction. The shares opened at 40p, closing at 35p, pricing the company at pounds 84m. Amalia, a South African group, has 35 per cent. Comgold raised pounds 17m and will seek more cash later.
The spring sunshine has lifted compost sales of William Sinclair by 35 per cent; the shares flowered 7p to 227.5p.
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