Macquarie Capital was hunting for buyers in Adelaide-based mining technology company Chrysos Corporation after Tuesday’s closing bell, seeking to fulfil a sell order from major shareholder the Commonwealth Scientific and Industrial Research Organisation.
Shares were offered at a floor price of $7.90 per share, a 6.7 per cent discount to Chrysos’ last traded price. Around 10.75 million shares were up for grabs, representing $85 million or 9 per cent of the company.