Intelligent Investor

WIA Gold Limited (ASX: WIA) - Float & IPO Details

Current share price for WIA : $0.120 0.003 (2.04%)

WIA Gold Limited (WIA), formerly known as Tanga Resources Limited, is focused on gold and base metals exploration and evaluation in Namibia and Cote d'Ivoire. The company has been actively exploring Gold in the Damaran belt in Namibia and the Birimian greenstones of Cote d'Ivoire. WIA Gold is rapidly advancing its recent Kokoseb discovery in Namibia.

WIA Gold Limited (WIA) floated on the Australian Securities Exchange (ASX) on Wednesday, 9 March 2011.
WIA's current share price of $0.12 is a -$0.08 or 40% discount to its original offer price of $0.20.

WIA Float / IPO Details

Offer Open Date1 Nov 2010
Offer Close Date3 Dec 2010
Listing Date9 Mar 2011
Issue Price$0.20
Amount Raised$5,000,000
Shares Issued (new)25,000,000
Underwriter
Consultants
AuditorDeloitte Touche Tohmatsu

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

Current Price$0.12-40%
First Day Openn/an/a
First Day Highn/an/a
First Day Lown/an/a
First Day Closen/an/a
All-time High$0.13-37.50%
All-time Low-100%
12-month High$0.13-37.50%
12-month Low-100%

Other floats & IPOs around the same time as WIA Gold Limited (WIA)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
VLT Credo Resources Limited 7 Apr 2011 $0.20 $0.73 262.50%
TGM Meridien Resources Limited 1 Jan 2011 14 Feb 2010 7 Apr 2011 $0.20 $0.17 -17.50%
NML Navarre Minerals Limited 31 Mar 2011 $0.20 $0.02 -90.50%
MCA Timpetra Resources Limited 30 Mar 2011 $0.20 $0.11 -47.50%
SLP Sylvania Platinum Limited 10 Mar 2011 $0.25
ASO Western Manganese Limited 16 Dec 2010 28 Jan 2010 4 Mar 2011 $0.20 $0.02 -91.50%
AZG Allmine Group Limited 9 Aug 2010 30 Aug 2010 28 Feb 2011 $0.20 $0.04 -82%
CDB Condor Blanco Mines Limited 2 Dec 2010 24 Jan 2011 25 Feb 2011 $0.20 $0.01 -95.50%
VRX Ventnor Resources Limited 3 Dec 2010 22 Dec 2010 24 Feb 2011 $0.20 $0.06 -70.50%
BGG Blackgold International Holdings Limited 18 Oct 2010 11 Nov 2010 22 Feb 2011 $0.26 $0.04 -83.08%
ARR Broken Hill Prospecting Limited 23 Oct 2010 18 Nov 2010 17 Feb 2011 $0.20 $0.28 40%
QXR Black Mountain Resources Limited 14 Dec 2010 24 Dec 2010 17 Feb 2011 $0.20 $0.01 -94.50%
AZQ Epic Resources Limited 14 Feb 2011 $0.01
CXO Core Exploration Limited 23 Nov 2010 13 Dec 2010 11 Feb 2011 $0.20 $0.16 -22.50%

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.