Intelligent Investor

Future Battery Minerals Limited (ASX: FBM) - Float & IPO Details

- Current share price for FBM : $0.049

Future Battery Minerals Limited (FBM, formerly Auroch Minerals Ltd) is focused on exploration for key battery minerals lithium, nickel and copper in stable pro mining jurisdictions. Projects with high-grade shallow nickel sulphide resources that are being driven towards development and production and projects highly prospective for large sedimentary-hosted lithium deposits.

Future Battery Minerals Limited (FBM) floated on the Australian Securities Exchange (ASX) on Thursday, 1 September 2011.
FBM's current share price of $0.05 is a -$0.15 or 75.50% discount to its original offer price of $0.20.

FBM Float / IPO Details

Offer Open Date8 Jul 2011
Offer Close Date1 Aug 2011
Listing Date1 Sep 2011
Issue Price$0.20
Amount Raised$4,000,000
Shares Issued (new)20,000,000
UnderwriterThe offer is not underwritten
Consultants
Auditor

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

Current Price$0.05-75.50%
First Day Openn/an/a
First Day Highn/an/a
First Day Lown/an/a
First Day Closen/an/a
All-time High$0.16-22.50%
All-time Low-100%
12-month High$0.16-22.50%
12-month Low-100%

Other floats & IPOs around the same time as Future Battery Minerals Limited (FBM)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
ENA Parker Resources Limited 12 Jul 2011 8 Aug 2011 23 Sep 2011 $0.20 $0.27 35%
DAF Baru Resources Limited 11 Aug 2011 8 Sep 2011 22 Sep 2011 $0.20 $0.02 -91.50%
AYM Altius Mining Limited 14 Sep 2010 5 Oct 2010 19 Sep 2011 $0.20 $0.00 -98.50%
EE1 Cradle Resources Limited 3 Aug 2011 26 Aug 2011 16 Sep 2011 $0.20 $0.01 -94%
GID GI Dynamics, Inc 11 Aug 2011 26 Aug 2011 7 Sep 2011 $1.10 $0.00 -99.82%
OGX Strickland Resources Limited 16 Jun 2011 8 Jul 2011 5 Sep 2011 $0.20 $0.00 -98.50%
GMN Commissioners Gold Limited 7 Apr 2011 25 May 2011 2 Sep 2011 $0.20 $0.00 -98.25%
RMX Red Mountain Mining Limited 12 Jul 2011 5 Aug 2011 1 Sep 2011 $0.20 $0.00 -99.50%
TIG Tigers Realm Coal Limited 16 Aug 2011 22 Aug 2011 29 Aug 2011 $0.50 $0.00 -99.10%
LMR Lemur Resources Limited 8 Jul 2011 22 Aug 2011 24 Aug 2011 $0.20 $0.06 -71.50%
BGA Bega Cheese Limited 26 Jul 2011 16 Aug 2011 19 Aug 2011 $2.00 $4.42 121%
CDV Ridge Resources Limited 7 Jun 2011 5 Jul 2011 17 Aug 2011 $0.20 $1.08 437.50%
CKF Collins Foods Limited 25 Jul 2011 2 Aug 2011 4 Aug 2011 $2.50 $9.50 279.80%
MSV Drill Torque Limited 11 Jul 2011 22 Jul 2011 2 Aug 2011 $0.20 $0.40 98.75%

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