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Regis shares slump on trading return

REGIS Resources has received a lukewarm response from analysts and investors to its A$903 million acquisition of 30% of the Tropicana gold mine in Western Australia.

Kristie Batten
A gold bar from Tropicana

A gold bar from Tropicana

The stock plunged as much as 17% this morning to $2.61 on its return to trade. The company resumed trading after announcing a placement and the institutional component of its one-for-3.08 entitlement...

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