Thursday, September 07, 2006

Bumi suspension in all market lifted, where to go?

JSX has lifted the trading suspension on PT Bumi Resources Tbk shares in all markets starting Friday, Sept 8. Bumi shares trading has been resumed on negotiation market today with price range of Rp700-720 on thin trading volume, reduced 7% from the price before suspension imposed late last month (Rp750) following the collapse of US$3.2 billion divestment of its coal mine assets. Where Bumi shares price would go at regular market trading?

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