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Don share price falters after news of hotel sales

Category Property News

The Don Group fell 2c to 20c on Thursday after issuing pro forma financial effects of the sale of various hotels.

Its net asset value per share will rise to 20.36c from negative 18c following the disposal of five properties for a combined R120.5m‚ the former hotel group said on Thursday.

 

 

Author: Warehouse Finder

Submitted 11 Jan 13 / Views 3633