Data provided by iNet BFA
Loading...
See More

Sentula Mining to auction assets

Jan 09 2013 08:31 I-Net Bridge

Related Articles

Sentula boasts healthy profit

Sentula, Shanduka merger goes sour

Sentula first-half earnings flat

 

Johannesburg - The board of directors of Sentula Mining [JSE:SNU] entered into an agreement with Ritchie Brothers Auctioneers on November 30 to hold auctions of the assets of Sentula’s wholly-owned subsidiary Megacube‚ which has ceased operations. 

The auctions will start on March 20‚ 2013. The assets have a book value of R300m. 

As it is impossible to know the value realised by the auctions‚ shareholders are advised to exercise caution in their dealings.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

sentula mining
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

Where can you stash your cash?

Fin24 user Tinashe Guramatunhu presents a review of the best way to invest a windfall or bonus.

 
 

Start saving...

Where can you stash your cash?
Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...