Intelligent Investor

Frontier Energy Limited (ASX: FHE) - Float & IPO Details

Current share price for FHE : $0.340 0.01 (2.86%)

Frontier Energy Ltd (FHE) is an ASX - listed green hydrogen pure plays, operating the Bristol Springs Project (BSS) in WA. Their strategy is aligned with the WA Governments commitment to the production and export of green hydrogen over the next 10 years. The BSS Project will see the development of a large - scale 114MW solar project, which will support the production of 4.9 million kilograms of green hydrogen per annum.

Frontier Energy Limited (FHE) floated on the Australian Securities Exchange (ASX) on Friday, 18 December 2009.
FHE's current share price of $0.34 is a $0.14 or 70% premium to its original offer price of $0.20.

FHE Float / IPO Details

Offer Open Date18 Nov 2009
Offer Close Date17 Dec 2009
Listing Date18 Dec 2009
Issue Price$0.20
Amount Raised$2,000,000
Shares Issued (new)10,000,000
UnderwriterThe offer is not underwritten
Consultants
AuditorPKF Chartered Accountants and Business Advisers

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

Current Price$0.3470%
First Day Openn/an/a
First Day Highn/an/a
First Day Lown/an/a
First Day Closen/an/a
All-time High$0.60200%
All-time Low-100%
12-month High$0.49145%
12-month Low-100%

Other floats & IPOs around the same time as Frontier Energy Limited (FHE)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
SUH Southern Hemisphere Mining Limited 11 Dec 2009 17 Dec 2009 5 Jan 2010 $0.25 $0.04 -84%
AZI Energia Minerals Limited 24 Nov 2009 15 Dec 2009 24 Dec 2009 $0.20 $0.04 -79.50%
ABX Australian Bauxite Limited 26 Oct 2009 7 Dec 2009 24 Dec 2009 $0.20 $0.06 -69%
ELT Elementos Limited 16 Nov 2009 7 Dec 2009 23 Dec 2009 $0.25 $0.17 -34%
PHO Victorian Gold Mines NL 9 Nov 2009 4 Dec 2009 17 Dec 2009 $0.20 $0.06 -69%
AIR Astivita Renewables Limited 30 Oct 2009 9 Dec 2009 16 Dec 2009 $0.50 $0.60 20%
AUC Ausgold Limited 19 Nov 2009 4 Dec 2009 16 Dec 2009 $0.20 $0.03 -86.50%
TKA Tusker Gold Limited 19 Nov 2009 4 Dec 2009 16 Dec 2009 $0.20 $0.79 292.50%
AZO Apollo Gas Limited 17 Nov 2009 4 Dec 2009 15 Dec 2009 $0.20 $0.80 300%
SPR Gascoyne Resources Limited 2 Nov 2009 25 Nov 2009 11 Dec 2009 $0.20 $0.62 210%
SXR Skywest Airlines Ltd 8 Dec 2009 $0.44
LGM1 Luiri Gold Limited 26 Oct 2009 13 Nov 2009 19 Nov 2009 $0.20

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