Browsing: ASX

• Zimplats is highly profitable. The Australian Stock Exchange (ASX) listed company boasts a market capitalization of US$ 2.26 billion
• This subsidiary of JSE listed Impala Platinum is now one of its central operations accounting for 22% of its market value.
• Zimplats due to its early entry into the Great Dyke in Zimbabwe has great potential for growth given global platinum prices and the support the company has received from the country's government.
• While Zimplats is lucrative as an investments investors based in Zimbabwe have no means of gaining exposure to this asset in their portfolios unless they venture offshore. The company does not have a secondary listing on the Zimbabwe Stock Exchange.

Zimplats Holdings is an enigma to many Zimbabweans. They know for instance that the company is one of the largest foreign exchange earners for the southern African country, but few know that they can invest in it. Fewer…