Huayi Mining Discount for 68% shares down 17%

Source: Internet
Author: User
Keywords Allotment Jin Li Feng
Tags closing closing price discount operating operating capital
Huayi Mining (00559.  After the issue of the rights issue in the middle of this month, we announced that the $20 cents per share of the gold dividend would be more than 68% of the closing price of yesterday, placing up to 316.5 million shares, representing an enlarged share capital of 50%, to raise funds for operating capital. After yesterday's surge of more than 40%, this morning against the city low see $0.48, noon $0.52, back to vomit 17%, deal 83.84 million shares.
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