From April 30 this year. Don't think the uplift for investors worked!
Potash hopeful Trigg Mining is again trying its luck at becoming an ASX-listed company with the launch of a fresh IPO.The company initially tried to list on the local bourse before the end of June last year, but market jitters forced Trigg to rethink its plans.“Last year we hit the market at a pretty tough time — everything started heading south just as we arrived,” managing director Keren Paterson told * on Monday.“It was market dynamics predominantly that caused us to withdraw it and wait for a better climate.”And now seems to be that time, but with some slight changes.“We have reorganised the capital structure,” Paterson said.“So, the enterprise value has come down from $13m to $7m, giving more uplift for IPO investors.”Trigg is aiming to raise $4.5m via the issue of shares at 20c each to pave the way for a June 28 debut.
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