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Olam soars despite Merrill's 'sell' call
Olam soars despite Merrill's 'sell" call
DESPITE investment bank Merrill Lynch sticking to its 'sell" call on Olam International shares, the stock soared as much as 17 cents or 8.2 per cent yesterday following news that the company is raising as much as $307 million through a one-for-10 preferential offer of new shares.
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