OceanaGold quits ASX, saying it's not in shareholders' best interests

OceanaGold will delist from the ASX at the end of next month. (Image: NZME)

Fri, 29 Jul 2022

OceanaGold will delist from the Australian Securities Exchange (ASX), leaving it with just one listing left, in Canada.The mining company, which operates the South Island's Macraes mine and the North Island's Waihi mine, made the announcement today as it released its second quarter financial results.The company has been dual-listed on the ASX and the Toronto Stock Exchange (TSX). In its notice to the market about the delisting, OceanaGold said it wanted to delist from the ASX due to the ongoing low trading frequency, small volumes...

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