Lafchemco gains 30.4b dong from share auction

Hanoi Stock Exchange (HNX) reported that Lam Thao Superphosphate and Chemicals Co (Lafchemco) earned over 30.42 billion dong from auctioning two million shares at the starting price of 14,000 dong/share.

After the auction finished, there were 60 winners including four institutions and 56 individual investors.

The averaging winning price was recorded at 15,214 dong/share. The highest bidding was two million shares and the lowest order was 500 shares. The highest bidding price was 20,100 dong/share.

Winners can pay to take these shares from November 20 to December 3, 2009.