Intelligent Investor

Kincora Copper Limited (ASX: KCC) - Float & IPO Details

Current share price for KCC : $0.036 0.001 (2.86%)

Kincora Copper Limited (KCC) is an exploration company focused on copper gold discoveries in AustraliaÂ's foremost porphyry region, the Macquarie Arc, to become the leading pure play porphyry explorer this region. Kincora is also seeking to realise value from its highly prospective portfolio of porphyry projects located in the Southern Gobi, Mongolia's foremost porphyry region.

Kincora Copper Limited (KCC) floated on the Australian Securities Exchange (ASX) on Tuesday, 30 March 2021. The company opened its first day of trading with a share price of $0.25 which was up 25% from its offer price of $0.20 per share. The first day of trading for Kincora Copper Limited on the ASX saw its share price move between a low of $0.24 and a high of $0.26, before closing at $0.24 per share which was 20% above its original offer price of $0.20 per share.
KCC's current share price of $0.04 is a -$0.16 or 82% discount to its original offer price of $0.20.

KCC Float / IPO Details

Offer Open Date11 Mar 2021
Offer Close Date19 Mar 2021
Listing Date30 Mar 2021
Issue Price$0.20
Amount Raised$10,000,000
Shares Issued (new)50,000,000
Underwriter
Consultants
AuditorDale Matheson Carr-Hilton Labonte LLP

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

Current Price$0.04-82%
First Day Open$0.2525%
First Day High$0.2630%
First Day Low$0.2420%
First Day Close$0.2420%
All-time High$0.41102.50%
All-time Low-100%
12-month High$0.08-61.50%
12-month Low-100%

Other floats & IPOs around the same time as Kincora Copper Limited (KCC)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
ALB Albion Resources Limited 26 Mar 2021 15 Apr 2021 30 Apr 2021 $0.20 $0.06 -72%
PWR Peter Warren Automotive Holdings Limited 15 Apr 2021 20 Apr 2021 27 Apr 2021 $2.90 $2.20 -24.14%
BHYB Betashares Australian Major Bank Hybrids Index ETF 23 Apr 2021 $9.95
MKL Mighty Kingdom Limited 17 Mar 2021 31 Mar 2021 21 Apr 2021 $0.30 $0.01 -98.33%
LFS Latitude Group Holdings Limited 12 Apr 2021 16 Apr 2021 20 Apr 2021 $2.60 $1.18 -54.81%
92E 92 Energy Limited 8 Mar 2021 22 Mar 2021 15 Apr 2021 $0.20 $0.50 150%
PHL Propell Holdings Limited 11 Mar 2021 26 Mar 2021 14 Apr 2021 $0.20 $0.01 -94.50%
ICL Iceni Gold Limited 11 Mar 2021 26 Mar 2021 14 Apr 2021 $0.20 $0.03 -86.50%
ILA Island Pharmaceuticals Limited 8 Mar 2021 29 Mar 2021 13 Apr 2021 $0.25 $0.06 -78%
DEL Delorean Corporation Limited 12 Mar 2021 19 Mar 2021 12 Apr 2021 $0.20 $0.05 -76%
TG1 TechGen Metals Ltd 25 Feb 2021 25 Mar 2021 7 Apr 2021 $0.20 $0.04 -82.50%
LGL Lynch Group Holdings Limited 23 Mar 2021 31 Mar 2021 6 Apr 2021 $3.60 $1.42 -60.56%
PGD Peregrine Gold Ltd 4 Feb 2021 5 Mar 2021 31 Mar 2021 $0.20 $0.23 15%
MPA Mad Paws Holdings Limited 22 Feb 2021 23 Mar 2021 26 Mar 2021 $0.20 $0.10 -52.50%
ART Airtasker Limited 22 Feb 2021 9 Mar 2021 23 Mar 2021 $0.65 $0.26 -60%
MM8 Medallion Metals Limited 24 Feb 2021 15 Mar 2021 22 Mar 2021 $0.25 $0.07 -74%
HYGG Hyperion Global Growth Companies Fund 22 Mar 2021 $4.81
TUL Tulla Resources Plc 4 Mar 2021 8 Mar 2021 18 Mar 2021 $0.90 $0.35 -61.11%
FRB Firebird Metals Limited 4 Feb 2021 22 Feb 2021 18 Mar 2021 $0.20
FRB Firebird Metals Limited 4 Feb 2021 22 Feb 2021 18 Mar 2021 $0.20 $0.15 -27.50%
BMO Bastion Minerals Limited 18 Feb 2021 5 Mar 2021 16 Mar 2021 $0.20 $0.01 -96.50%
ERTH BetaShares Climate Change Innovation ETF 11 Mar 2021 $8.40
VLUE VanEck Vectors MSCI International Value ETF 10 Mar 2021 $26.19
QSML VanEck Vectors MSCI International Small Companies 10 Mar 2021 $28.10
CLNE VanEck Vectors Global Clean Energy ETF 10 Mar 2021 $6.24
GEN Genmin Limited 18 Feb 2021 3 Mar 2021 10 Mar 2021 $0.34 $0.09 -74.12%
DDH DDH1 Limited 17 Feb 2021 26 Feb 2021 9 Mar 2021 $1.10 $0.84 -23.64%
MFB My Food Bag Group Limited 19 Feb 2021 26 Feb 2021 5 Mar 2021 $1.85 $0.15 -91.89%
EZZ EZZ Life Science Holdings Limited 7 Jan 2021 12 Feb 2021 3 Mar 2021 $0.50 $0.85 69%
3MF 3D Metalforge Limited 8 Jan 2021 20 Jan 2021 2 Mar 2021 $0.20 $0.01 -93.50%

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.