Intelligent Investor

Teranga Gold Corporation (ASX: TGZ) - Float & IPO Details

DELISTED - Current share price for TGZ : $3.300

Teranga Gold Corporation (TGZ) floated on the Australian Securities Exchange (ASX) on Friday, 10 December 2010. The company opened its first day of trading with a share price of $2.97 which was down 1% from its offer price of $3.00 per share. The first day of trading for Teranga Gold Corporation on the ASX saw its share price move between a low of $2.80 and a high of $2.97, before closing at $2.83 per share which was 5.67% below its original offer price of $3.00 per share.
TGZ's current share price of $3.30 is a $0.30 or 10% premium to its original offer price of $3.00.

TGZ Float / IPO Details

Offer Open Date
Offer Close Date
Listing Date10 Dec 2010
Issue Price$3.00
Amount Raised$27,000,000
Shares Issued (new)9,000,000
UnderwriterCormark Securities Inc, GMP Securities LP
Consultants
Auditor

TGZ Float / IPO Performance (relative to an issue price of $3.00)

Current Price$3.3010%
First Day Open$2.97-1%
First Day High$2.97-1%
First Day Low$2.80-6.67%
First Day Close$2.83-5.67%
All-time High$3.7424.67%
All-time Low-100%
12-month Highn/an/a
12-month Lown/an/a

Other floats & IPOs around the same time as Teranga Gold Corporation (TGZ)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
ANB Daton Group Australia Limited 17 Nov 2010 13 Dec 2010 7 Jan 2011 $0.25 $0.01 -96%
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PO3 Water Resources Group Limited 11 Sep 2008 10 Oct 2008 30 Dec 2010 $0.60 $0.22 -63.33%
MRP MacPhersons Reward Gold Limited 26 Nov 2010 15 Dec 2010 24 Dec 2010 $0.30 $0.06 -79.67%
RVA Reva Medical Inc 22 Nov 2010 6 Dec 2010 23 Dec 2010 $1.10 $0.17 -84.55%
CUP Countplus Limited 29 Nov 2010 13 Dec 2010 22 Dec 2010 $1.50 $0.55 -63.33%
PXG Phoenix Gold Limited 28 Oct 2010 18 Dec 2010 22 Dec 2010 $0.20 $0.15 -25%
XAM Xanadu Mines Limited 10 Nov 2010 30 Nov 2010 21 Dec 2010 $0.60 $0.07 -88%
WBT Radar Iron Limited 13 Nov 2010 26 Nov 2010 21 Dec 2010 $0.20 $3.09 1,445%
PVM PMI Gold Corporation 21 Dec 2010 $0.70 $0.37 -47.86%
BNR Bulletin Resources Limited 26 Nov 2010 10 Dec 2010 20 Dec 2010 $0.20 $0.05 -73.50%
DSB Delta SBD Limited 20 Dec 2010 $0.80 $0.14 -82.50%
CLR Carabella Resources Limited 24 Nov 2010 3 Dec 2010 17 Dec 2010 $0.40 $0.45 12.50%
EIQ Sentosa Mining Limited 17 Nov 2010 3 Dec 2010 17 Dec 2010 $0.20 $0.11 -47.50%
TMZ Thomson Resources Limited 1 Nov 2010 3 Dec 2010 17 Dec 2010 $0.20 $0.01 -97.50%
QFN Betashares S&P/ASX 200 Financials Sector ETF (Syn) 16 Dec 2010 $13.25
QRE Betashares S&P/ASX 200 Resources Sector ETF (Syn) 16 Dec 2010 $7.78
MDI Middle Island Resources Limited 16 Nov 2010 23 Nov 2010 16 Dec 2010 $0.25 $0.02 -92.80%
SFX Sheffield Resources Limited 10 Nov 2010 30 Nov 2010 15 Dec 2010 $0.20 $0.57 182.50%
RNU Rennaissance Uranium Limited 17 Nov 2010 3 Dec 2010 15 Dec 2010 $0.20 $0.08 -58.50%
CTD Corporate Travel Management Limited 16 Nov 2010 7 Dec 2010 15 Dec 2010 $1.00 $15.63 1,463%
KPC Fortis Mining Limited 11 Nov 2010 1 Dec 2010 15 Dec 2010 $0.20 $0.02 -90%
CCZ Oakland Resources Limited 16 Nov 2010 29 Nov 2010 14 Dec 2010 $0.20 $0.01 -97%
RFX Redflow Limited 8 Nov 2010 29 Nov 2010 14 Dec 2010 $1.00 $0.12 -88%
NXT NEXTDC Limited 16 Nov 2010 3 Dec 2010 13 Dec 2010 $1.00 $15.41 1,441%
SCG Westfield Retail Trust 11 Nov 2010 6 Dec 2010 13 Dec 2010 $2.75 $3.12 13.45%
EPW ERM Power Limited 25 Nov 2010 8 Dec 2010 10 Dec 2010 $1.75 $2.41 37.71%
UNV Universal Coal Plc 8 Oct 2010 20 Oct 2010 10 Dec 2010 $0.26 $0.16 -38.46%
4DS Fitzroy Resources Limited 15 Oct 2010 9 Nov 2010 9 Dec 2010 $0.20 $0.09 -55.50%
HAR2 Haranga Resources Limited 17 Nov 2010 3 Dec 2010 9 Dec 2010 $0.20
ISO iShares S&P/ASX Small Ordinaries 9 Dec 2010 $4.59
IHD iShares S&P/ASX High Dividend 9 Dec 2010 $13.88
ILC iShares S&P/ASX 20 9 Dec 2010 $29.32
IOZ iShares MSCI Australia 200 9 Dec 2010 $30.65
NCZ Attila Resources Limited 19 Oct 2010 12 Nov 2010 8 Dec 2010 $0.20 $1.10 450%
MDO Mindoro Resources Limited 22 Oct 2010 19 Nov 2010 7 Dec 2010 $0.20 $0.02 -89%
IDC Indochine Mining Limited 22 Jun 2010 23 Jul 2010 6 Dec 2010 $0.20 $0.01 -97%
CRR Sovereign Gold Company Limited 1 Oct 2010 29 Oct 2010 3 Dec 2010 $0.20 $0.01 -94%
EUR Paynes Find Gold Limited 21 Sep 2010 15 Oct 2010 2 Dec 2010 $0.20 $0.06 -68%
YOJ Southern Crown Resources Limited 26 Oct 2010 9 Nov 2010 2 Dec 2010 $0.20 $0.05 -73.50%
PDI Predictive Discovery Ltd 20 Oct 2010 18 Nov 2010 1 Dec 2010 $0.20 $0.20 0%
AZJ QR National Limited 10 Oct 2010 12 Nov 2010 22 Nov 2010 $2.75 $3.91 42.18%
SGQ St George Mining Limited 25 Aug 2010 30 Sep 2010 16 Nov 2010 $0.20 $0.02 -91%
KGD Kula Gold Limited 12 Nov 2010 12 Nov 2010 16 Nov 2010 $1.80 $0.01 -99.50%

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