ASX queries Padbury's $106m raising plans

Padbury Mining has again attracted regulatory attention, with the company acknowledging it should have notified the ASX when it negotiated potential capital raisings worth $106 million with a Hong Kong-based investor last year.

The ASX sent notice to Padbury last week asking the company to explain why statements in its annual report, released December 19, mentioned a proposed $2 million and $98 million placement to Hong Kong investment group Zhongying Property Development Company (ZYPD) but wasn’t disclosed to the Australian bourse when discussions were entered into in June.

In response, Padbury said it felt it would have been misleading the market by announcing the deal prior to it being completed.


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Share Price

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Source: Morningstar

Total Shareholder Return as at 28/04/17

1 year TSR5 year TSR
423rdCanyon Resources1%-29%
424thNyota Minerals1%-29%
432ndAustSino Resources Group0%-2%
661stNew Standard Energy-33%-63%
707 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$6k Bought
Total value as at the date of the transaction
Source: Morningstar


284th-AustSino Resources Group$53k
311th↑New Standard Energy$28k
313th↑Omni Market Tide$26k
316th↓Canyon Resources$23k
317th↓Nyota Minerals$23k
494 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from AustSino Resources Group

1502ndWilliam Han$50k
Ranked by total remuneration from all listed WA companies

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