Quantum Foods’ directors buy R20m in shares amid interest by third parties
The group has seen a number of entities expressing interest in upping their stakes in the egg producer
Poultry group Quantum Foods, whose share price has rocketed more than 80% over the past month, said on Wednesday four members of its board had bought about R20m of the group’s shares so far this week, amid a scramble for shares by various third parties.
In recent months, the company has seen a number of offers from entities interested in buying the stock, which had resulted in a spike in the share price. ..