PORTS, logistics and rail specialist Grindrod has been gaining more steam in recent weeks. Just before the end of April the share touched a five-year high of R22.26, giving the business a market capitalisation of almost R16bn. Much of this recent share uplift is probably predicated on the site visit Grindrod organised to its operations in Mozambique for institutional investors and a smattering of analysts in late March. The visit took in Grindro…
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