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Atrum Coal Limited (ASX: ATU) - Float & IPO Details

- Current share price for ATU : $0.005

Atrum Coal Limited (ATU, formerly Atrum Coal NL) is an ASX-listed metallurgical coal development company having flagship asset of 100% in Elan Hard Coking Coal Project, which is located in the Crowsnest Pass area of southern Alberta, Canada.

Atrum Coal Limited (ATU) floated on the Australian Securities Exchange (ASX) on Tuesday, 24 July 2012. The company opened its first day of trading with a share price of $0.18 which was down 10% from its offer price of $0.20 per share. The first day of trading for Atrum Coal Limited on the ASX saw its share price move between a low of $0.17 and a high of $0.19, before closing at $0.18 per share which was 10% below its original offer price of $0.20 per share.
ATU's current share price of $0.01 is a -$0.20 or 97.50% discount to its original offer price of $0.20.

ATU Float / IPO Details

Offer Open Date18 May 2012
Offer Close Date31 May 2012
Listing Date24 Jul 2012
Issue Price$0.20
Amount Raised$8,000,000
Shares Issued (new)40,000,000
UnderwriterNot underwritten
Consultants
Auditor

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

Current Price$0.01-97.50%
First Day Open$0.18-10%
First Day High$0.19-5%
First Day Low$0.17-15%
First Day Close$0.18-10%
All-time High$2.10950%
All-time Low-100%
12-month High-100%
12-month Low-100%

Other floats & IPOs around the same time as Atrum Coal Limited (ATU)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
CD1 US Select Private Opportunities Fund 2 Jul 2012 12 Jul 2012 14 Aug 2012 $1.60 $0.68 -57.50%
CGH Calibre Group Limited 20 Jul 2012 30 Jul 2012 2 Aug 2012 $1.63 $0.12 -92.94%
EMH Equaminerals Holdings Limited 4 May 2012 4 Jun 2012 19 Jul 2012 $0.20 $0.46 130%
D13 Bannon Limited 13 Apr 2012 2 May 2012 4 Jul 2012 $0.20 $0.04 -79.50%
OJC Crest Minerals Limited 23 Feb 2012 5 Apr 2012 29 Jun 2012 $0.20 $0.17 -15%

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