Nampak has once again badly wrong-footed investors: only, this time, with a lively trading update.

Days before the release of its trading statement, Nampak’s shares were at a record low of 54c. When the trading statement was issued the share price was 62c, but quickly rebounded to over 130c, more than doubling Nampak’s market capitalisation from R427m to over R900m...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now