News & Features, Nickel, Resource News
Mirabela shares dive amid fears of dilutive equity raising
By The Australian · May 9, 2012 · 8:43 am · Leave a Comment
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By Barry FitzGerald
FEARS that ASX-listed Brazilian nickel producer Mirabela cannot avoid a highly dilutive equity raising sent the group’s shares into freefall yesterday.
The shares plunged 13c, or 30 per cent, to 30c before the rot was stopped by Mirabela going into a trading halt.
