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CuDeco shares drop as trading halts ends

Shares in CuDeco have sunk after it came out of a trading halt following a statement to the market that it will not raise any new capital through its planned dual listing in Hong Kong.

Sally RoseFinancial services reporter
Updated

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Shares in CuDeco have sunk after it came out of a trading halt following a statement to the market that it will not raise any new capital through its planned dual listing on the Hong Kong Stock Exchange.

It had previously been reported that the Queensland-based copper miner would seek to raise between $50 million to $100 million in new equity through the deal.

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Sally Rose previously covered superannuation, financial services and business Connect with Sally on Twitter.

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    Original URL: https://www.afr.com/companies/mining/cudeco-shares-drop-as-trading-halts-ends-20150105-12i0v6