Mpact softens after strong opening - Moneyweb.co.za
Mon, 11 Jul 2011 12:21As expected, the shares of Mondi Ltd dropped 14.5% to R53.91, reflecting the loss of value as the packaging component was excised to trade separately in future. The R14 Mpact share price gives the new listing a market cap of R2.248bn, while Monday's ...
No gain for Mondi shareholders - Business Day
Tue, 12 Jul 2011 08:03MONDI Ltd shareholders ended 2,78% poorer yesterday following the unbundling of Mpact. The newly listed plastic packaging division's share closed at R13,60, not enough to compensate for the R15,53, or 22%, drop of Mondi Ltd after each Mondi Ltd share ...
Wayne McCurrie (RMB Asset Management) & Lindo Zulu (Moneyweb) - Moneyweb.co.za
Fri, 15 Jul 2011 19:45Remember, Mondi Limited spun out this company called Mpact, which is the local Mondi operations, and that was actually up today. So I think maybe the market is still trying to discover the value of that. But obviously Mondi plc, which is unaffected by ...
Avusa, Mondi Group, Mpact, Platmin: South African Equity Preview - Bloomberg
Mon, 11 Jul 2011 04:15Symbols are in parentheses and prices are from the last close. The FTSE/JSE Africa All Share Index lost 293.74, or 0.9 percent, to 32002.33 in Johannesburg on July 8. Avusa Ltd. (AVU) : The newspaper publisher concluded a due diligence agreement that ...
Stocks in South Africa Fall for Second Day, Led by Anglo American, Impala - Bloomberg
Mon, 11 Jul 2011 08:48Mpact Ltd. (MPT SJ), the South African packaging company spun out of Mondi Group, was listed on the main board of the Johannesburg stock exchange today. The stock closed trading at 13.60 rand. Pretoria Portland Cement Co. (PPC SJ), South Africa's ...