Oppenheimer sells more Anglo shares, direction less clear

The 120-year-old De Beers diamond mining and marketing company has taken precedence over Anglo American from a family point of view. But even De Beers 'B-Hags' or 'big hairy audacious goals' of 2005 have faded into oblivion and the company's ambitions far less clearly stated.

Maitland Advisory LLP has told the Johannesburg Stock Exchange (JSE) that E Oppenheimer & Son International Limited (EOSIL), which is described as being "connected" with Nicholas Frank Oppenheimer, has sold another batch of Anglo shares, this time 2,1-million of them at £30,44 a share between December 10 and December 13.