Intelligent Investor

Strandline Resources Limited (ASX: STA) - Float & IPO Details

- Current share price for STA : $0.095

Strandline Resources Limited (STA) is an emerging producer of critical minerals with a portfolio of 100%-owned development assets located in Western Australia and within the world's major zircon and titanium producing corridor in East Africa.

Strandline Resources Limited (STA) floated on the Australian Securities Exchange (ASX) on Wednesday, 17 May 2000.
STA's current share price of $0.10 is a -$0.11 or 52.50% discount to its original offer price of $0.20.

STA Float / IPO Details

Offer Open Date28 Mar 2000
Offer Close Date19 Apr 2000
Listing Date17 May 2000
Issue Price$0.20
Amount Raised$3,500,000
Shares Issued (new)17,500,000
UnderwriterMorgan Corporate Limited
Consultants
Auditor

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

Current Price$0.10-52.50%
First Day Openn/an/a
First Day Highn/an/a
First Day Lown/an/a
First Day Closen/an/a
All-time High$0.56180%
All-time Low-100%
12-month High$0.3992.50%
12-month Low-100%

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