Perhaps it's something in the air; there were an unusually high number of announcements concerning gas yesterday - from Sasol's ethane cracker in Louisiana in the US, to a trading statement from industrial and domestic gases group Afrox and a big discovery by liquefied natural gas and helium explorer Renergen. All three announcements met with the approval of shareholders, sending Sasol and Renergen's shares sharply higher, while Afrox also closed up. At the other end of the scale, Ascendis Healthcare slumped after it ended talks to sell its Remedica business in Cyprus, although it will keep on pursuing a deal. Although Remedica is very cash generative for Ascendis, it needs the money more due to the high offshore debt it built up while acquiring businesses a few years back. Meanwhile, Kore Potash is making headway with its Dougou Extension project in the DRC and has identified a number of opportunities to reduce costs in what it believes is one of the highest potash deposits in the world. And NEPI Rockcastle has sold its portfolio of Romanian office properties as it grows its exposure to retail property in the region. Finally, if you're looking for a stocking filler, Ingham Analytics has a few to suggest in its latest research on how to 'politics-proof' your investment portfolio this Christmas. You can access the report here. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect |