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WPG Resources’ share price slashed

Investors dump WPG Resources as the stock trades ex capital return and dividend, following the sale of its iron ore assets.

Sarah Thompson and Stephen Shore
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Investors are dumping WPG Resources as the stock trades ex capital return and dividend.

Last Thursday, WPG closed a deal to sell its iron ore assets to OneSteel for $320 million.

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Original URL: https://www.afr.com/street-talk/wpg-resources-share-price-slashed-20111010-itvm8