CAPITAL MARKETS

Astro plunges on spin-off plan

SHARES in Astro Resources slumped by more than 44% yesterday on heavy volume, as the junior announced plans to demerge its exploration assets.

Kristie Batten
Astro plunges on spin-off plan

The plan comes after the company announced the acquisition of Hong Kong-based lifestyle app developer Gymeny in November. Sydney-based Astro holds the Governor Broome mineral sands project in Western...

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