Business
WA Kaolin commences trading at a premium after heavily subscribed IPO – Small Caps
WA Kaolin (ASX: WAK) began its journey on the bourse today, offering investors exposure to its kaolin operation and plans on becoming a “globally significant” producer…
WA Kaolin (ASX: WAK) began its journey on the bourse today, offering investors exposure to its kaolin operation and plans on becoming a globally significant producer to meet mounting market demand.
The company’s initial public offering was heavily oversubscribed after offering 110 million shares at $0.20 each.
They were also given one free attaching option for every two shares.
In total, the company raised $22 million before costs to fund its stage one expansion plans, with an implied market capitalisation…
-
Noosa News24 hours agoGold Coast teenager charged after allegedly stabbing female Uber driver outside Westfield Coomera
-
Noosa News22 hours agoBrisbane radio station refers to Senator Fatima Payman as ‘slag’
-
General22 hours agoNewcastle man pleads guilty to possessing 34,000 child abuse images and 13 bestiality videos
-
Noosa News21 hours agoPlan for new apartment tower sparks backlash in West End