Intelligent Investor

Land and Mineral Exploration Limited (ASX: LDM) - Float & IPO Details

DELISTED - Current share price for LDM : $0.016

Land and Mineral Exploration Limited (LDM) floated on the Australian Securities Exchange (ASX) on Friday, 29 August 2003.
LDM's current share price of $0.02 is a -$0.48 or 96.80% discount to its original offer price of $0.50.

LDM Float / IPO Details

Offer Open Date27 Jun 2003
Offer Close Date21 Aug 2003
Listing Date29 Aug 2003
Issue Price$0.50
Amount Raised$8,500,000
Shares Issued (new)17,000,000
UnderwriterAXIS Financial Group (Australia)
Consultants
AuditorInvestigating Accountant: Borough Mazars

LDM Float / IPO Performance (relative to an issue price of $0.50)

Current Price$0.02-96.80%
First Day Openn/an/a
First Day Highn/an/a
First Day Lown/an/a
First Day Closen/an/a
All-time High-100%
All-time Low-100%
12-month Highn/an/a
12-month Lown/an/a

Other floats & IPOs around the same time as Land and Mineral Exploration Limited (LDM)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
FRW Freightways Limited 29 Sep 2003 $7.35
NKP Nkwe Platinum Limited 8 Sep 2003 11 Sep 2003 24 Sep 2003 $0.50 $0.10 -80.20%
AFL Navigator Resources Limited 24 Jul 2003 29 Aug 2003 19 Sep 2003 $0.20 $0.17 -15%
NHC New Hope Corporation Limited 15 Aug 2003 5 Sep 2003 16 Sep 2003 $0.40 $4.68 1,070%
BKY Berkeley Resources Limited 21 Jan 2003 30 Sep 2003 16 Sep 2003 $0.20 $0.34 70%
DGR D'Aguilar Gold Limited 23 Jun 2003 8 Aug 2003 21 Aug 2003 $0.20 $0.02 -92.50%
WAX Wilson Investment Fund Limited 24 Jun 2003 8 Aug 2003 19 Aug 2003 $1.00 $1.07 6.50%
KME Kip McGrath Education Centres Limited 14 Jul 2003 4 Aug 2003 15 Aug 2003 $0.50 $0.32 -36%
KPR Chameleon Mining NL 30 Jan 2003 4 Jul 2003 12 Aug 2003 $0.20 $0.04 -80%
RBV Rabinov Diversified Property Trust 14 Jul 2003 28 Jul 2003 12 Aug 2003 $1.00 $0.88 -12%
QSS Financial Resources Limited 18 Jun 2003 22 Jul 2003 7 Aug 2003 $0.20 $0.02 -88%
WOT1 Westpac Office Trust 25 Jul 2003 7 Aug 2003 $1.00

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