Shares in African Dawn Capital gain nearly 6 percent after the company said on Tuesday it was still in talks with potential liquidity providers.
African Dawn Capital said in June that it was in discussions on securing additional funding from financial institutions or capital from its shareholders to ensure the long-term viability of the business.
The company is up 5.9 percent at 18 cents, outpacing a 0.22 percent rise on the JSE's All-share index. The stock has lost about half its value since January. - Reuters