CAPITAL MARKETS

St Barbara punished after $64m raising

SHARES in Melbourne-based explorer St Barbara have plunged more than 33% in morning trade after the company announced it has raised $A63.4 million from the institutional component of its pro-rata share placement.

MiningNews.Net

St Barbara punished after $64m raising

The offer was announced last week and St Barbara was in a trading halt from Tuesday until Friday while the bookbuild was completed. The institutional offer was around $4 million off the $68 million...

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