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Blumont exposes chink in watch-list rules

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The Singapore Exchange's (SGX) watch-list rules assume that a company with multi-year losses and a low share price will struggle to maintain high market capitalisation, but the case of Blumont Group suggests that this assumption may occasionally be wrong.

THE Singapore Exchange's (SGX) watch-list rules assume that a company with multi-year losses and a low share price will struggle to maintain high market capitalisation, but the case of Blumont Group suggests that this assumption may occasionally be wrong.

Blumont is a loss-making mining

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