South Africa's Gold Fields is selling its 10 per cent stake in Gold Road Resources.
Macquarie Capital was calling for bids on Thursday afternoon.
The broker is seeking bids from a $1.45 a share floor price, which was a 7.9 per cent discount to the last close of $1.575.
The trade would see South Africa's Gold Fields exit the miner in full.
Macquarie was calling for bids by 6pm on Thursday.
https://amp.copyright link/street-talk/gold-fields-sells-127-million-stake-in-gold-road-resources-20190821-p52jjm
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9 | 109163 | 1.740 |
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6 | 135598 | 1.730 |
Price($) | Vol. | No. |
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1.765 | 24755 | 2 |
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