Company Data
| Last traded |
R469.50 |
| Change |
R-6.45 |
| % Change |
-1.36% |
| Cumulative volume |
279,994 |
| Market cap |
R126.62bn |
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May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
Johannesburg - Anglo Platinum (Angloplat) [JSE:AMS], the world's largest platinum producer, on Friday advised it expected its full year headline earnings per share to be between 89% and 99% lower than the previous year's headline earnings per share of 5 609c.
The company said it expected full year basic earnings per share for the year to end December 2009 to be between 75% and 85% lower than the basic earnings per share of 6 011c reported the year before.
"The expected decrease is primarily as a result of lower metal prices, despite higher platinum sales volumes," Angloplat said.
The difference between the basic earnings per share and headline earnings per share is attributable to the profit in respect of the previously announced BEE transactions with Mvelapanda Resources Ltd [JSE:MVL] and Anooraq Resources Corporation [JSE:ARQ], which is excluded from headline earnings.
Angloplat intends publishing its annual results on February 8 2010.
- I-Net Bridge