Intelligent Investor

Kaiser Reef Limited (ASX: KAU) - Float & IPO Details

Current share price for KAU : $0.125 0.005 (3.85%)

Kaiser Reef Limited (KAU) is an Australian gold mining company which is operating the high-grade A1 mine in Victoria and exploring historic goldfields within the Lachlan Fold Belt in NSW and Victoria. The company is into mining, production and the sale of gold as well as mineral exploration and development.

Kaiser Reef Limited (KAU) floated on the Australian Securities Exchange (ASX) on Friday, 28 February 2020.
KAU's current share price of $0.13 is a -$0.08 or 37.50% discount to its original offer price of $0.20.

KAU Float / IPO Details

Offer Open Date13 Dec 2019
Offer Close Date7 Feb 2020
Listing Date28 Feb 2020
Issue Price$0.20
Amount Raised$4,500,000
Shares Issued (new)22,500,000
Underwriter
Consultants
AuditorPKF Perth

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

Current Price$0.13-37.50%
First Day Openn/an/a
First Day Highn/an/a
First Day Lown/an/a
First Day Closen/an/a
All-time High$0.53165%
All-time Low-100%
12-month High$0.2312.50%
12-month Low-100%

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