CAPITAL MARKETS

Portman drops silicon dream

IRON ore focused Portman is disposing of its 70% stake in the struggling junior Australian Silicon for $444,000, with broker Paterson Ord Minnett playing a key role in the restructure of the failed company.

Michael Quinn
Portman drops silicon dream

The shares will be offered to existing Australian Silicon shareholders at 1 cent per share in a non-renounceable entitlement offer underwritten by Paterson. The broker will also introduce a third party...

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