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Mt Malcolm Mines NL (ASX: M2M) - Float & IPO Details

- Current share price for M2M : $0.022

Mt Malcolm Mines NL (M2M) is a mineral exploration company having focus on acquiring, exploring and development of gold and lithium projects in the Eastern Goldfields Region of Western Australia.

Mt Malcolm Mines NL (M2M) floated on the Australian Securities Exchange (ASX) on Friday, 10 September 2021. The company opened its first day of trading with a share price of $0.29 which was up 45% from its offer price of $0.20 per share. The first day of trading for Mt Malcolm Mines NL on the ASX saw its share price move between a low of $0.19 and a high of $0.29, before closing at $0.19 per share which was 7.50% below its original offer price of $0.20 per share.
M2M's current share price of $0.02 is a -$0.18 or 89% discount to its original offer price of $0.20.

M2M Float / IPO Details

Offer Open Date8 Aug 2021
Offer Close Date25 Aug 2021
Listing Date10 Sep 2021
Issue Price$0.20
Amount Raised$8,000,000
Shares Issued (new)40,000,000
Underwriter
Consultants
AuditorRSM Australia Partners

M2M Float / IPO Performance (relative to an issue price of $0.20)

Current Price$0.02-89%
First Day Open$0.2945%
First Day High$0.2945%
First Day Low$0.19-7.50%
First Day Close$0.19-7.50%
All-time High$0.2945%
All-time Low-100%
12-month High$0.04-80%
12-month Low-100%

Other floats & IPOs around the same time as Mt Malcolm Mines NL (M2M)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
BEZ Besra Gold Inc 12 Jul 2021 23 Sep 2021 8 Oct 2021 $0.20 $0.10 -50%
E79 E79 Gold Mines Limited 25 Aug 2021 22 Sep 2021 7 Oct 2021 $0.20 $0.04 -82%
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WC1 West Cobar Metals Limited 16 Aug 2021 13 Sep 2021 1 Oct 2021 $0.20 $0.05 -77%
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FRS Forrestania Resources Limited 27 Aug 2021 10 Sep 2021 30 Sep 2021 $0.20 $0.02 -91%
TVL Touch Ventures Limited 14 Sep 2021 17 Sep 2021 29 Sep 2021 $0.40 $0.08 -79.50%
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RRR Revolver Resources Holdings Ltd 10 Aug 2021 24 Aug 2021 23 Sep 2021 $0.20 $0.05 -73%
IR1 IRIS Metals Limited 2 Aug 2021 23 Aug 2021 23 Sep 2021 $0.20 $0.40 98.75%
X2M X2M Connect Limited 25 Aug 2021 3 Sep 2021 22 Sep 2021 $0.25 $0.04 -82.80%
WIN Widgie Nickel Limited 30 Aug 2021 8 Sep 2021 22 Sep 2021 $0.20 $0.04 -78%
PLG Pearl Gull Iron Limited 29 Jul 2021 5 Sep 2021 20 Sep 2021 $0.20 $0.03 -86.50%
SSH SSH Group Ltd 30 Jul 2021 27 Aug 2021 17 Sep 2021 $0.20 $0.09 -56%
W2V Way 2 VAT Ltd 11 Aug 2021 27 Aug 2021 17 Sep 2021 $0.20 $0.02 -92.50%
CUS Copper Search Limited 9 Aug 2021 23 Aug 2021 15 Sep 2021 $0.35 $0.09 -74.29%
HVY Heavy Minerals Limited 4 Aug 2021 18 Aug 2021 14 Sep 2021 $0.20 $0.07 -67.50%
LGM Legacy Minerals Holdings Limited 30 Jul 2021 17 Aug 2021 13 Sep 2021 $0.20 $0.17 -17.50%
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CPO Culpeo Minerals Limited 1 Jul 2021 22 Jul 2021 10 Sep 2021 $0.20 $0.05 -75.50%
MM1 Midas Minerals Ltd 20 Jul 2021 10 Aug 2021 7 Sep 2021 $0.20 $0.07 -65%
HCW HealthCo Healthcare and Wellness REIT 12 Aug 2021 27 Aug 2021 6 Sep 2021 $2.00 $1.12 -44.25%
BMR Ballymore Resources Limited 2 Aug 2021 13 Aug 2021 3 Sep 2021 $0.20 $0.13 -35%
T3K TEK-Ocean Group Limited 26 Jul 2021 20 Aug 2021 2 Sep 2021 $0.50 $0.18 -65%
RWL Rubicon Water Limited 20 Aug 2021 26 Aug 2021 2 Sep 2021 $1.00 $0.48 -52.50%
SEMI ETFS Semiconductor ETF 31 Aug 2021 $16.27
CU6 Clarity Pharmaceuticals Ltd 3 Aug 2021 10 Aug 2021 25 Aug 2021 $1.40 $2.71 93.57%
KNI Kuniko Limited 21 Jun 2021 26 Jul 2021 24 Aug 2021 $0.20 $0.25 22.50%
CNR Cannon Resources Limited 2 Jun 2021 2 Jul 2021 12 Aug 2021 $0.20 $0.45 122.50%
TMB Tambourah Metals Ltd 3 Jul 2021 9 Aug 2021 12 Aug 2021 $0.20 $0.08 -60.50%
CBO Cobram Estate Olives Limited 27 Jul 2021 29 Jul 2021 11 Aug 2021 $1.82

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