Intelligent Investor

Cosmo Metals Limited (ASX: CMO) - Float & IPO Details

- Current share price for CMO : $0.054

Cosmo Metals Limited (CMO) is an ASX listed, base metals exploration company focused on the advancement of its flagship Yamarna Project which is highly prospective for copper-nickel-cobalt (Cu-Ni-Co) and platinum group elements (PGE) and located 130km north-east of Laverton in the Eastern Goldfields region of Western Australia.

Cosmo Metals Limited (CMO) floated on the Australian Securities Exchange (ASX) on Monday, 31 January 2022. The company opened its first day of trading with a share price of $0.22 which was up 7.50% from its offer price of $0.20 per share. The first day of trading for Cosmo Metals Limited on the ASX saw its share price move between a low of $0.21 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.
CMO's current share price of $0.05 is a -$0.15 or 73% discount to its original offer price of $0.20.

CMO Float / IPO Details

Offer Open Date29 Nov 2021
Offer Close Date24 Dec 2021
Listing Date31 Jan 2022
Issue Price$0.20
Amount Raised$7,000,000
Shares Issued (new)35,000,000
Underwriter
Consultants
AuditorRSM Australia Partners

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

Current Price$0.05-73%
First Day Open$0.227.50%
First Day High$0.227.50%
First Day Low$0.212.50%
First Day Close$0.215%
All-time High$0.2525%
All-time Low-100%
12-month High$0.14-32.50%
12-month Low-100%

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