NewsBite

Street Talk

CSIRO presses sell at Chrysos Corporation, MacCap nabs $85m block

Shares were offered at a floor of $7.90 per share – a 6.7 per cent discount to the last closing price.

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.

Loading...
has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

Read More

Original URL: https://www.afr.com/street-talk/csiro-sell-down-at-chrysos-corporation-macquarie-launches-85m-block-20251125-p5nie6