Noble Group shares sink to a 17-month low
Comeback bid grinds to a halt as stock resumes fall in the wake of refinancing report
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Singapore
THE comeback bid by Noble Group came to a grinding halt this week as falls three days in a row brought the stock to a 17-month low of 92 Singapore cents on Wednesday.
The stock had last week staged an 8.2 per cent rebound to S$1.055 on buying support by management and as the company refuted comments by little-known Iceberg Research on its accounting practices.
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