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Gold/Mining/Energy : SOUTH AFRICAN MINING -- Ignore unavailable to you. Want to Upgrade?


To: baystock who wrote (125)9/5/1998 9:22:00 AM
From: POLARBEAR  Read Replies (1) | Respond to of 472
 
Ram,

I'm not so sure that they are selling any more of their Durban. Also, any idea how many shares of Durban are used for this figure of 14%? I've been under the impression that Durban has around 40 million shares, and thus 7.5 million shares owned by rangy would thus be much higher than 14%. Maybe Durban has issued a bunch more shares.

I've been trying to piece together to total picture of all their assets. I think the complexity of the whole situation turns some investors away. It seems to me the ones that are really looking at the picture closely are the ones buying. It does take work...but who ever said investing was easy. I'll leave "easy" for the mutual funders.