PADENGA Holdings (Padenga) has gained close to 60 percent on the Victoria Falls Stock Exchange (VFEX) since late-July, recovering from the early losses it suffered at its migration to the budding market.
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The crocodile skins exporter’s shares, which were initially listed on the VFEX at US$0,36, shed close to 50 percent during the first week of trading on the US$-denominated exchange, hitting a low of US$0,19.
Since then, the counter has gradually recovered, closing yesterday at U
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