CAPITAL MARKETS

Selling depresses Flynn debut

FLOATING a company requires good projects and management, perseverance, and a smidge of luck, but unfortunately for speculative gold explorer Flynn Gold it made an ill-timed debut today.

 Flynn commenced drilling in April

Flynn commenced drilling in April

The company raised A$10 million at 20c per share, but the stock opened down some 25% at 15.5c after a tough night for gold prices with the US Federal Reserve flagging it could begin raising interest rates...

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