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Algorae Pharmaceuticals Limited (ASX: 1AI) - Float & IPO Details

Current share price for 1AI : $0.011 0.001 (8.33%)

Algorae Pharmaceuticals Limited (1AI, formerly Living Cell Technologies Limited) is an Australasian biotechnology company focused on discovering and developing novel treatments for debilitating conditions such as diabetes and Parkinson's.

Algorae Pharmaceuticals Limited (1AI) floated on the Australian Securities Exchange (ASX) on Wednesday, 1 September 2004.
1AI's current share price of $0.01 is a -$0.19 or 94.50% discount to its original offer price of $0.20.

1AI Float / IPO Details

Offer Open Date26 May 2004
Offer Close Date23 Jun 2004
Listing Date1 Sep 2004
Issue Price$0.20
Amount Raised$2,000,000
Shares Issued (new)10,000,000
UnderwriterTaylor Collison Limited
ConsultantsJohnson Winter & Slattery, Fennell Allen & Co
AuditorPKF

1AI Float / IPO Performance (relative to an issue price of $0.20)

Current Price$0.01-94.50%
First Day Openn/an/a
First Day Highn/an/a
First Day Lown/an/a
First Day Closen/an/a
All-time High$0.02-92%
All-time Low-100%
12-month High$0.02-92%
12-month Low-100%

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