You are here

Update: Anchor Resources in downward spiral after debut

Friday, March 18, 2016 - 15:15

stifed.jpg
Anchor Resources hit a low of 14.5 Singapore cents in trading Friday afternoon after debuting on the market at 18.2 Singapore cents in the morning. As at 2.40pm, the counter stood at 14.9 Singapore cents. It eventually closed at 14.6 Singapore cents.

Anchor Resources hit a low of 14.5 Singapore cents in trading Friday afternoon after debuting on the market at 18.2 Singapore cents in the morning. As at 2.40pm, the counter stood at 14.9 Singapore cents. It eventually closed at 14.6 Singapore cents. 

The company launched its initial public offering (IPO) of 28.8 million placement shares at 25 Singapore cents each on March 9. All its shares were fully subscribed.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom