Firefinch ohne Spam WKN: A2QG57 ISIN: AU0000114522 Forum: Aktien User: Masten
The brokers were offering Leo Lithium shares at 70¢ a pop, and bids were due 4pm Thursday. Leo Lithium would house Firefinch’s Goulamina project in Western Africa’s Mali. It has been looking to raise $50 million to $100 million via the IPO. Initial plans were for an $80 million pro-rata offer (one Leo Lithium share for every 10.33 Firefinch shares), with the leftover stock going into a shortfall auction - both at 70¢ a share. Thursday afternoon’s $44 million shortfall auction indicates existing Firefinch investors only took up $36 million of the $80 million worth of shares that was offered to them.
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