News blog
Watermark Global
- BY: Andrew Hore |
- POSTED: 25/06/2012 |
Watermark Global has sold its acid mine drainage treatment business to South African shell Mine Restoration Investments Ltd and it retains a 40% stake in the buyer.
Mine Restoration (www.minerestoration.co.za), which is quoted on AltX, has paid £2.69m in shares and £1.81m for Western Utilities Corporation. Dithering by the authorities means that progress has been slow.
Watermark Global also has a coal briquetting business.
At 0.17p a share, Watermark Global is valued at £2.55m.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJune2012_33.pdf
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