GOR 0.94% $1.58 gold road resources limited

Gold Fields to sell their stake in GOR

  1. 725 Posts.
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    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
    Last edited by jdz101: 22/08/19
 
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