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.

The miner, which owns the Tshipi manganese ore mine in South Africa has named blue chip banks and mining...


Janie Davies

April 18, 2018

03:37 GMT