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Manuka Resources Ltd (ASX: MKR) - Float & IPO Details

Current share price for MKR : $0.049 0.005 (9.26%)

Manuka Resources Ltd (MKR) mining and exploration company located in the Cobar Basin, central west New South Wales. MKR has the following key assets: The Mt Boppy Gold Project ,The Wonawinta Silver Project and Taranaki VTM Iron Sand Project.

Manuka Resources Ltd (MKR) floated on the Australian Securities Exchange (ASX) on Tuesday, 14 July 2020. The company opened its first day of trading with a share price of $0.26 which was up 30% from its offer price of $0.20 per share. The first day of trading for Manuka Resources Ltd on the ASX saw its share price move between a low of $0.25 and a high of $0.29, before closing at $0.26 per share which was 27.50% above its original offer price of $0.20 per share.
MKR's current share price of $0.05 is a -$0.15 or 75.50% discount to its original offer price of $0.20.

MKR Float / IPO Details

Offer Open Date9 Jun 2020
Offer Close Date23 Jun 2020
Listing Date14 Jul 2020
Issue Price$0.20
Amount Raised$7,000,000
Shares Issued (new)35,000,000
Underwriter
Consultants
AuditorGrant Thornton Audit Pty Ltd

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

Current Price$0.05-75.50%
First Day Open$0.2630%
First Day High$0.2942.50%
First Day Low$0.2525%
First Day Close$0.2627.50%
All-time High$0.71255%
All-time Low-100%
12-month High$0.10-50.50%
12-month Low-100%

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