The market quite obviously doesn't like the bookbuild and its...

The market quite obviously doesn't like the bookbuild and its consequent pricing. A perception of undue haste to take out the hedging, which would have worked itself out by the end of the year is probably the reason.Miners making share issues seem to take some time to get over the loss of investor support ( eg TRY ) and OGC may take time to regather its recent momentum which was tracking as well as anything in the gold mining market.