BEIJING, Feb 11 (Reuters) - China's Shenghe Resources Holding Co 600392.SS plans to buy a 19.9% stake in Australian company Peak Rare Earths (PEK) for about A$39.25 million ($27.99 million).
Shenghe Resources aims to buy the stake from Appian Pinnacle Hold Co at A$0.99 per share, it said in a filing to the Shanghai Stock Exchange, acquiring the shares through its Singapore business. ($1 = 1.4023 Australian dollars)
News: PEK Shenghe Resources to buy 19.9% of Australia's Peak Rare Earths
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Last
32.5¢ |
Change
0.005(1.56%) |
Mkt cap ! $139.9M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 32.0¢ | $1.527M | 4.656M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1521227 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 1616668 | 10 |
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