Intelligent Investor

Jindalee Lithium Limited (ASX: JLL) - Float & IPO Details

- Current share price for JLL : $0.575

Jindalee Lithium Limited (JLL, formerly Jindalee Resources Limited ) is a pure-play US lithium company focused on the development of the giant McDermitt Lithium Project (21.5Mt LCE ), currently the principal lithium deposit in North America. Jindalee also provides shareholders with indirect exposure to lithium, gold, base and strategic metals, iron ore, uranium, and magnesite in Australia through holdings in spin-out companies Dynamic Metals (ASX: DYM) and Energy Metals (ASX: EME).

Jindalee Lithium Limited (JLL) floated on the Australian Securities Exchange (ASX) on Thursday, 11 July 2002.
JLL's current share price of $0.58 is a $0.33 or 130% premium to its original offer price of $0.25.

JLL Float / IPO Details

Offer Open Date24 May 2002
Offer Close Date28 Jun 2002
Listing Date11 Jul 2002
Issue Price$0.25
Amount Raised$4,000,000
Shares Issued (new)16,000,000
Underwriter
Consultants
AuditorHowarth Perth

JLL Float / IPO Performance (relative to an issue price of $0.25)

Current Price$0.58130%
First Day Openn/an/a
First Day Highn/an/a
First Day Lown/an/a
First Day Closen/an/a
All-time High$1.20378%
All-time Low-100%
12-month High$1.20378%
12-month Low-100%

Other floats & IPOs around the same time as Jindalee Lithium Limited (JLL)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
BAX Baxter Group Limited 12 Jun 2002 24 Jul 2002 5 Aug 2002 $1.00 $5.80 480%
NMT Reed Resources Ltd 6 Jun 2002 4 Jul 2002 10 Jul 2002 $0.20 $0.11 -47.50%
IGF International Goldfields Limited 16 Jun 2002 28 Jun 2002 9 Jul 2002 $0.20
KIL Australian Growth Limited 1 May 2002 1 Jul 2002 8 Jul 2002 $0.50 $1.74 248%
IMA Image Resources NL 16 May 2002 14 Jun 2002 4 Jul 2002 $0.20 $0.08 -60%
DEG De Grey Mining Limited 14 Jun 2002 12 Jul 2002 3 Jul 2002 $0.20 $1.23 515%
SHG1 Sunshine Gas Limited 22 Apr 2002 14 Jun 2002 3 Jul 2002 $0.20
CAF Alliance Finance Corporation Limited 30 May 2002 27 Jun 2002 25 Jun 2002 $0.50 $0.29 -42%
CAL CITIC Australia Trading Limited 8 May 2002 7 Jun 2002 18 Jun 2002 $0.20 $0.90 350%
WCC Range River Gold NL 6 May 2002 22 May 2002 17 Jun 2002 $0.20 $0.04 -82%
JAK Jackson Gold Limited 6 May 2002 31 May 2002 11 Jun 2002 $0.20 $0.03 -84.50%

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.