Jupiter Mines shares commence trading after $186-mln IPO

Shares in Jupiter Mines Ltd commenced trading on the Australian Securities Exchange on Wednesday April 18 following the completion of its A$240-million ($186-million) initial public offering (IPO).

The shares commenced trading at A$0.40 per share, giving Jupiter a market capitalization of A$779 million.
The IPO, which was significantly oversubscribed, was one of the largest in the resources sector over the past decade.

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Published

Janie Davies

April 18, 2018

03:37 GMT

London