Nickel Australia turned away over $14 million worth of capital in the initial public offering, securing the $12 million for 48 million shares at 24c, from the $24 million received in applications.
Tony Rovira, Managing Director, has described the interest in the Company and its plans as exceptional. He notes that there has been a high level of demand from institutional investors, which together with applications from Croesus shareholders (in the priority applications) and retail investors, underpins a highly successful capital raising.
