Koboltti Chemicals completes its Jervois stay quickly, but Citibank withdraws its participation

On Thursday, Citi's equity desk rounded off a busy week with an $83 million block trade in Jervois Global stock.

Citi was looking for purchasers for 106.3 million shares, or 7% of the company, at a price range of 78 to 86 cents per share, a 12.8 per cent discount from the previous close.

Depending on the ultimate price, the trade was worth $83 million to $91 million.

The stock was being offered on behalf of Be....