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Jun 19 - 10:55 PM

Gold - Australia's Odyssey Gold Falls On Discounted Placement

By Shivangi Lahiri  —  Jun 19 - 09:10 PM

• Shares of Odyssey Gold fall 17.4% to A$0.019, set for their worst intraday drop since late July, 2024

• Gold explorer to raise A$4 mln ($2.59 mln) at issue price of A$0.018 per share

• Issue price represents a discount of 21.7% to the last close

• Around 1.7 mln shares change hands, vs the 30-day average of 831,236 shares

• Stock up 5.6% this year, including the day's move

($1 = 1.5420 Australian dollars)
(Reporting by Shivangi Lahiri in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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