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Why the Coronado (ASX:CRN) share price dropped 14% today

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Shares in Coronado Global Resources Inc (ASX: CRN) were plummeting today as they resumed trading following an institutional entitlement offer. By close of trade, the Coronado share price had fallen 14.29% to 51 cents. 

The coal producer announced the equity offer on Tuesday. Today was the…



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