Astoria gets shot in arm from gun sales
Threat to curtail firearm ownership probably boosted sales in the six months to end-June
04 August 2021 - 13:08
UPDATED 04 August 2021 - 15:03
Investment company Astoria, whose primary asset is focused on SA’s outdoor and leisure sector, says sales of non-lethal self-defence products and guns soared recently, due probably to proposed restrictions on firearm ownership.
Valued at R227m on the JSE, Mauritius-based Astoria’s biggest asset is a one-third stake in Outdoor Investment Holdings (OIH). Other interests include diamonds and services for used-car dealerships...
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