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Tharisa – all-share agreement with BEE shareholders, earnings accretion ahead...

By HotStockRockets | Friday 25 February 2022

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.

Tharisa plc (THS) has announced agreements with BEE shareholders Thari Resources owning 20% and The Tharisa Community Trust owning 6%” to acquire their interests to make a wholly owned subsidiary. What now, with the shares having responded up to 144p to buy?

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