GMM general mining corporation limited

Should be an interesting company to follow over next 2 years.Got...

  1. 8,972 Posts.
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    Should be an interesting company to follow over next 2 years.

    Got my full allocation (as I expect everyone did)...and has appeared on my holdings.

    They probably could have timed the IPO better...has been so many capital raisings recently, noones had fund to apply for more. I'm an example...initially wanted twice what I applied for but too many other raisings (Kentor, Monax, Doray for example) happened at the same time.

    Looking at the top 20, I noticed Macquarie took 1 million for their 'microcap' fund. That's a bit of a vote of confidence...managed funds don't usually take part in small junior IPOs.

    Cdchi1
 
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Currently unlisted public company.

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