Nov 26 (Reuters) - Turquoise Hill Resources Ltd TRQ.TO said on Thursday hedge fund Odey Asset Management's letter to its majority owner Rio Tinto RIO.L (RIO) contained a number of false assumptions and misinformation about the company and its funding plan.
"Odey has a clear financial motive to depress Turquoise Hill's share price," Turquoise Hill said.
Odey had said it did not believe the $4.4 billion project finance package related to the Oyu Tolgoi copper mine in Mongolia is accurately described as "project" finance.
Odey did not immediately respond to Reuters' request for comment.
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Nov 26 (Reuters) - Turquoise Hill Resources Ltd TRQ.TO said on...
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Last
$129.38 |
Change
-0.190(0.15%) |
Mkt cap ! $48.02B |
Open | High | Low | Value | Volume |
$128.15 | $129.80 | $126.28 | $260.1M | 2.023M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1 | $128.90 |
Sellers (Offers)
Price($) | Vol. | No. |
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$129.50 | 800 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1 | 128.900 |
1 | 1 | 128.000 |
1 | 300 | 127.500 |
1 | 200 | 127.000 |
3 | 597 | 126.900 |
Price($) | Vol. | No. |
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129.500 | 800 | 2 |
129.750 | 3000 | 1 |
129.990 | 23 | 1 |
130.000 | 20301 | 7 |
130.400 | 579 | 1 |
Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
$129.50 |
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Change
-0.190 ( 0.31 %) |
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Open | High | Low | Volume | ||
$128.49 | $129.79 | $126.29 | 150804 | ||
Last updated 15.59pm 25/04/2024 ? |
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