By Nigel Somerville & Tom Winnifrith | Monday 14 December 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Lots of questions are being asked about AIM-listed AfriAg plc (AFRI) at the moment, notably HERE. A few more arise out of the company’s Annual Report for 2013 which lead back to the acquisition of 40% of the South African entity called AfriAg (Pty) Limited. We’ll call that AfriAg SA. It seems to open something of a can of worms, as shall become clear in what follows.
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