Intelligent Investor

Mount Ridley Mines Limited (ASX: MRD) - Float & IPO Details

Current share price for MRD : $0.002 0.001 (100%)

Mount Ridley Mines Limited (MRD) is a Perth based Australian Exploration Company actively targeting demand driven minerals in Western Australia. The Company's core projects include: The Mount Ridley Project, and the Weld Range West Project.

Mount Ridley Mines Limited (MRD) floated on the Australian Securities Exchange (ASX) on Wednesday, 15 September 2004.
MRD's current share price of $0.00 is a -$0.20 or 99% discount to its original offer price of $0.20.

MRD Float / IPO Details

Offer Open Date17 Mar 2004
Offer Close Date1 Sep 2004
Listing Date15 Sep 2004
Issue Price$0.20
Amount Raised$2,500,000
Shares Issued (new)12,500,000
UnderwriterThe Offer is not underwritten
Consultants
AuditorGrant Thornton

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

Current Price$0.00-99%
First Day Openn/an/a
First Day Highn/an/a
First Day Lown/an/a
First Day Closen/an/a
All-time High$0.05-75.50%
All-time Low-100%
12-month High$0.00-98.25%
12-month Low-100%

Other floats & IPOs around the same time as Mount Ridley Mines Limited (MRD)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
BON1 Bonaparte Diamond Mine NL 25 Aug 2004 29 Sep 2004 15 Oct 2004 $0.25
BNB Babcock & Brown Limited 16 Sep 2004 1 Oct 2004 6 Oct 2004 $5.00 $0.33 -93.50%
OTL Orion Telecommunications Limited 30 Aug 2004 17 Sep 2004 1 Oct 2004 $0.50 $0.27 -47%
LHM Argus Solutions Ltd 15 Aug 2004 15 Sep 2004 1 Oct 2004 $0.20 $0.01 -96.50%
BAS Bass Strait Oil Company Limited 30 Aug 2004 17 Sep 2004 30 Sep 2004 $0.20 $0.07 -65.50%
ISS ISS Group Limited 20 Aug 2004 17 Sep 2004 30 Sep 2004 $0.20 $0.33 62.50%
QMG Quay Magnesium 7 Jul 2004 31 Aug 2004 29 Sep 2004 $0.75 $0.01 -98.67%
ACR Acrux Limited 30 Aug 2004 17 Sep 2004 29 Sep 2004 $1.00 $0.06 -93.60%
APL Proteome Systems 24 Aug 2004 14 Sep 2004 29 Sep 2004 $1.20 $0.11 -91.25%
SHC Sunshine Heart Inc 27 Aug 2004 14 Sep 2004 28 Sep 2004 $0.50 $0.03 -95%
AHC TSV Holdings Limited 26 Aug 2004 14 Sep 2004 24 Sep 2004 $0.20 $0.19 -7.50%
TD1 Avexa Limited 23 Sep 2004 $0.00
PRU Perseus Mining Limited 14 Jul 2004 16 Aug 2004 22 Sep 2004 $0.20 $2.32 1,060%
BWD Matilda Minerals Ltd 3 Aug 2004 30 Aug 2004 15 Sep 2004 $0.20 $0.08 -60%
LNG Liquefied Natural Gas Limited 6 Aug 2004 17 Sep 2004 14 Sep 2004 $0.20 $0.04 -78.50%
AQX CreatableMedia Limited 5 Jul 2004 30 Jul 2004 9 Sep 2004 $0.20 $0.01 -96.50%
1AI Living Cells Technologies 26 May 2004 23 Jun 2004 1 Sep 2004 $0.20 $0.01 -94.50%
MBH Jumbuck Entertainment 25 May 2004 18 Jun 2004 27 Aug 2004 $0.20 $0.07 -63%
SOM Somnomed 29 Jul 2004 20 Aug 2004 27 Aug 2004 $0.30 $0.20 -33.33%
MLX Bluestone Tin Limited 9 Aug 2004 24 Aug 2004 26 Aug 2004 $0.25 $0.44 74%
MZI Olympia Resources Limited 26 Jun 2004 30 Jul 2004 26 Aug 2004 $0.20 $0.02 -92%
AHU Allco Hybrid Investment Trust 13 Jul 2004 11 Aug 2004 20 Aug 2004 $1.00 $4.00 300%
BKN Bradken Limited 16 Aug 2004 17 Aug 2004 18 Aug 2004 $2.40 $3.24 35%
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