Anthracite and silica miner Petmin was waxing enigmatic on Monday morning, advising shareholders to stand by for a possible blockbusting announcement.
The South Africa-based company said it has entered into negotiations which, if they come to a successful conclusion, could have a material effect on the price of the company's securities.
The presumption is that the said effect would be a positive one; at least, that's what the market has presumed, as the shares charged up to 23p from the previous trading's day's close of 21.5p.
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Burberry’s share price surges despite collapsing profits and job cuts announcementBurberry’s share price has soared, despite collapsing profits and around 1,700 jobs potentially set to be cut, as markets assess the turnaround plan’s effectiveness
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