Tharisa – mispriced following minority buy out, very low risk opportunity.

I believe yesterday’s RNS released by Tharisa. They are buying out BEE minorities stake in the South African Mine for $26.5m by issuing 13 903 743 new shares. I wrote them up here (when the Rhodium price was much higher). I think the share price isn’t reflecting the amount of value they have obtained from this transaction.

Continue reading “Tharisa – mispriced following minority buy out, very low risk opportunity.”