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Re: Threeflight post# 40854

Friday, 12/10/2010 9:51:32 PM

Friday, December 10, 2010 9:51:32 PM

Post# of 66758
Just co-incident? $100M/61M ==> $1.64

Fake PR? Russia's Onexim group in the SCAM too?

http://af.reuters.com/article/metalsNews/idAFLDE6B918820101210
Onexim raises $100.6 mln from Polyus stake sale
Fri Dec 10, 2010 1:12pm GMT

MOSCOW Dec 9 (Reuters) - Russia's Onexim group has sold 2.9 million American Depositary Receipts of the country's top gold producer Polyus Gold (PLZL.MM: Quote) (PLZLq.L: Quote) for $100.6 million, financial market sources told Reuters on Friday.

One of the sources said the order book was three times oversubscribed, citing Renaissance Capital, which organised the sale.

The sources told Reuters on Thursday Onexim planned to sell around 1 percent of Polyus shares for $35 per ADR. [ID:nLDE6B821P] (Reporting by Olga Popova; writing by Maria Kiselyova; Editing by Will Waterman)


Just in my opinion