"...Finger to the wind
THE folks at Hazelwood Resources clearly got a sense of which way the wind is blowing on spin-offs. They have cancelled the planned float of BigHill Resources, which was to have housed the parent's Cooke's Creek tungsten project in the Pilbara. BigHill was to have raised $7 million and with an allowance for another $3 million in oversubscriptions. Hazelwood shareholders were to be offered the chance to pick up (at 20c a share) 80 per cent of the new IPO.
Hazelwood cites volatility in the equity markets. It will now aim at getting a decision to mine made this year. But Hazelwood shareholders were pleased. The stock had slumped to 17c last week, but climbed after the cancellation announcement and closed on Friday at 22c...."
http://www.theaustralian.news.com.au/story/0,25197,23117431-18261,00.html
everyone has been quiet on the manas spin off., page-9
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Last
$2.33 |
Change
0.000(0.00%) |
Mkt cap ! $3.200B | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.39 | $2.31 | $8.558M | 3.664M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 51368 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 89676 | 6 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$2.33 |
Change
0.000 ( 0.40 %) |
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| Open | High | Low | Volume | ||
| $2.38 | $2.38 | $2.32 | 929435 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| PRU (ASX) Chart |
