| The JSE could be set to lose yet another listing after Afrox's biggest shareholder, multinational gases group Linde, made an offer to minority shareholders. It looks like the deal is likely to succeed too after a number of large institutional shareholders gave it their support. The announcement came after the close of trade on Friday so watch out for a big rise in Afrox's shares this morning. Meanwhile, Metrofile's shares fell after it withdrew the cautionary related to its potential buyout by a private equity consortium. While it said the buyers are still interested, they just can't get to SA to conduct due diligence due to Covid-19 travel restrictions. Another SA Inc. share, York Timber, shot up by close to a quarter after it flagged strong first-quarter earnings following a tough period for the timber group. More on those stories to follow, along with interim results from Renergen and an update from RDI REIT. Have a good week. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics Ingham Analytics has issued their first Mining Monitor entitled "Nickel for Elon?" and, as the name suggests, takes a dive into the metal. Elon Musk is promising a "giant contract" to a mining company, subject to a couple of caveats, and one big-listed mining company could stand to benefit. With gold closing Friday above $1,900/oz you may want to check out "Gold a must?" and with Brent keeping north of $40/bbl "Over a barrel?" gives useful insights. | 