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Sep 14 - 10:55 PM
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Gold - Australia's Manhattan Gold Hits Near 2 Month Low On Discounted Placement
By Subhalakshmi Dey — Sep 14 - 09:13 PM
• Shares of Australia's Manhattan Gold fall 15.7% to A$0.0215, their lowest level since July 20
• Shares on track for worst day since May 18 if trends hold
• Diversified miner discloses placement of A$4.5 million ($3.21 million) at A$0.02 per share, a 21.6% discount to last close on September 10
• More than 5.4 million shares change hands, about 2.8x the 30-day average
• YTD, stock down 23.2%, including the session's moves
($1 = 1.4019 Australian dollars)
(Reporting by Subhalakshmi Dey in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters