Intelligent Investor

Alicanto Minerals Limited (ASX: AQI) - Float & IPO Details

- Current share price for AQI : $0.020

Alicanto Minerals Limited (AQI) is pursuing exploration campaigns in Sweden's highly regarded mining region of Bergslagen. These include exploring its tenements around the world class Falun copper-gold and polymetallic skarn project as well as seeking to identify high-grade silver extensions at the historic Sala silver-zinc-lead deposit. Alicanto controls over 60km of the target limestone horizon at the Falun project within a total landholding of 312 sqkm.

Alicanto Minerals Limited (AQI) floated on the Australian Securities Exchange (ASX) on Wednesday, 19 September 2012. The company opened its first day of trading with a share price of $0.20 which was down 0% from its offer price of $0.20 per share. The first day of trading for Alicanto Minerals Limited on the ASX saw its share price move between a low of $0.20 and a high of $0.22, before closing at $0.21 per share which was 5% above its original offer price of $0.20 per share.
AQI's current share price of $0.02 is a -$0.18 or 90% discount to its original offer price of $0.20.

AQI Float / IPO Details

Offer Open Date27 Jun 2012
Offer Close Date24 Jul 2012
Listing Date19 Sep 2012
Issue Price$0.20
Amount Raised$2,400,000
Shares Issued (new)12,000,000
UnderwriterNot Underwritten
Consultants
AuditorStanton's International Audit and Consulting Pty Ltd

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

Current Price$0.02-90%
First Day Open$0.200%
First Day High$0.2210%
First Day Low$0.200%
First Day Close$0.215%
All-time High$0.45125%
All-time Low-100%
12-month High$0.06-72.50%
12-month Low-100%

Other floats & IPOs around the same time as Alicanto Minerals Limited (AQI)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
EGF Emerging Markets Masters Fund 30 Aug 2012 12 Sep 2012 11 Oct 2012 $1.60 $1.48 -7.50%
BOA Boadicea Resources Limited 22 Dec 2011 29 Feb 2012 11 Oct 2012 $0.20 $0.03 -87.50%
JAV Victory Mines Limited 12 Jul 2012 10 Aug 2012 9 Oct 2012 $0.20 $0.00 -99.25%
aqi Alicanto Minerals Limited 27 Jun 2012 24 Jul 2012 19 Sep 2012 $0.20 $0.02 -90%
ICQ Icar Asia Limited 16 Aug 2012 24 Aug 2012 11 Sep 2012 $0.20 $0.53 165%
ESK Etherstack PLC 6 Jun 2012 5 Jul 2012 7 Sep 2012 $2.00 $0.25 -87.75%

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