SGX 0.00% $8.08 sino gold mining limited

whats going on, page-2

  1. 480 Posts.
    See the ASX announcements. In brief, SGX is going to close out its hedgebook by placing shares to Gold Fields (taking it to 19.9% ownership) and there will also be an accelerated renounceable entitlement offer of 2:15 at $4.00. It's mainly good news, I think, similar to what NCM and LGL have done recently.
 
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Currently unlisted public company.

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