We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Sphere Min Fpo (delisted) | ASX:SPH | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From Jun 2019 to Jun 2024
Sphere Minerals Ltd. (SPH.AU) would raise around US$100 million from an equity call on shareholders as part of an alternative plan being launched by a consortium of Chinese companies to Xstrata Plc's (XTA.LN) A$3-a-share offer for the miner, two people familiar with the matter said Wednesday.
One person said that Sphere's shareholders would be expected to fund around 20% of the US$540 million cost of developing Sphere's Askaf iron ore project, with Chinese investors led by Singaporean commodities trader Sin-Tang Development providing the balance of funding.
The battle between Sin-Tang and Xstrata for Sphere, which is developing magnetite projects in the West African nation of Mauritania, prompted Xstrata to raise its original A$2.50-a-share offer by 20% Wednesday.
-By David Fickling, Dow Jones Newswires; +61 2 8272 4689; david.fickling@dowjones.com
1 Year Sphere Investments Chart |
1 Month Sphere Investments Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
