CAPITAL MARKETS

Aquila pulled up on price surge

NEWLY-listed Aquila Resources has attracted the attention of the stockmarket watchdog after its share price surged almost 23% yesterday to 43c on a turnover of 821,333.

Greg Tubby

Aquila, which is more used to seeing daily trades in the order of 100,000 shares changing hands, told the ASX it "could not explain the recent trading in its shares". It assured the authorities it was...

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