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From the AFR this morning (8:41 am):Emerald Clinics IPO book...

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    From the AFR this morning (8:41 am):

    Emerald Clinics IPO book covered, say brokers

    The book for clinical services and healthcare technology company Emerald Clinics' initial public offering has been covered and the company is eyeing a February listing date on the ASX boards.

    A message sent to funds this week and seen by Street Talk said: "The book is covered and deal is being closed this Friday."Final bids for the IPO were due by 5pm on Thursday and the company is seeking to raise a minimum of $6 million and up to $8 million.

    The offer was priced at 20¢ a share, according to terms sent to fund managers. This implied a market capitalisation between $36.8 million and $38.8 million.PAC Partners was lead manager on the raise.
 
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