@br1310
MAC is technically not an IPO, the company is already listed in the US. So while MAC is new to the ASX, this deal is more akin to a secondary placement of new shares at a 10% discount than an everyday IPO. [per Chanticleer AFR article, 11 February 2024]
Metals Acquisition Limited prospectus (dated 23 January 2024):
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001950246/43c54117-9b17-465d-8038-b6edc35a5299.pdf
Metals Acquisition Limited Initial Offering in Connection with ASX Listing Oversubscribed and Upsized to ~A$325million
https://www.metalsacquisition.com/i...ribed-and-Upsized-to-A325million/default.aspx
Money of Mines discusses MAC at the 17:30 minute mark
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
@br1310 MAC is technically not an IPO, the company is already...
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Last
$20.80 |
Change
0.110(0.53%) |
Mkt cap ! $538.6M | |||
| Open | High | Low | Value | Volume |
| $21.98 | $21.98 | $20.80 | $7.001K | 319 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 272 | $20.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.44 | 566 | 2 |
View Market Depth
| Last trade - 10.19am 02/05/2024 (20 minute delay) ? |
| MAC (ASX) Chart |