Hot stock: Golden Energy falls 27.2% on heavy trading, prompting SGX query

SHARES of Golden Energy and Resources (Gear) fell sharply on Tuesday (Nov 8) morning amid heavy trading, a week after news that the coal miner will be restructuring or exiting its energy coal business.

The counter began steadily falling after opening at S$0.92, reaching S$0.87 to represent a 3.3 per cent or S$0.03 decline as at 11 am with some 10.2 million shares traded. By 11.35 am, Gear : AUE 0% had plunged furth…

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