DRYBLOWER

A South African mystery: Dryblower

PARDON <I>Dryblower’s</I> deep ignorance of matters South African but can someone out there explain why a shareholder in Gold Fields would swap his investment for shares in Harmony Gold – a business which has reported losses for each of the past four quarters!

Dryblower

There may be a reason, such as economies of scale, the promise of deep cost cutting at Gold Fields, and the attraction of a business run by the mercurial Bernard Swanepoel. But, from a casual outside...

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