Gold One braves market storm to sell Sibanye Gold stock
Two block trades in Europe this week have shown that there is still a reasonable bid for some stocks, even during a global equity market meltdown, when many transactions have simply been called off.
The spread of the Covid-19 coronavirus, particularly in Italy, South Korea and Japan has triggered the fastest stock market correction since records began.Despite this, Gold One braved the storm on Thursday night to sell an R.2.4bn ($157.4m) chunk of its stake in Sibanye Stillwater, the South ...
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