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Obtala - demerger update: good news

By HotStockRockets | Sunday 25 October 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.


Commenting on last month’s interim results from Obtala Resources (OBT),  we noted a potentially further and major catalyst in the company’s Mozambique timber business and it has now announced that, having reviewed how best to crystallise and maximise the inherent value of this business, it has commenced a process to list it as a separately quoted company on AIM during the first quarter of 2016.


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