 |
 |
|
 |
|
 |
 |
| Subscriber Login |
 |
RSS Feeds
WA Business News subscriber login
Dragon Energy opens $1.5m IPO
12-January-09
Written by Rebecca Lawson
Nedlands-based Dragon Energy will be hoping to mirror the success of a fellow Western Australian phosphate explorer as it opens its $1.5 million initial public offer.
The company plans to issue up to 7.5 million shares at 20 cents each in its IPO, representing 5.2 per cent of the total issued capital on completion of the offer.
A minimum target of $1 million has been set. The offer is not underwritten.
Last year, Phosphate Australia, named best IPO by Deloitte, delivered returns at one stage of over 300 per cent to investors in an otherwise dark year for IPOs.
Article continues...
12-January-09
Written by Rebecca Lawson
Nedlands-based Dragon Energy will be hoping to mirror the success of a fellow Western Australian phosphate explorer as it opens its $1.5 million initial public offer.
The company plans to issue up to 7.5 million shares at 20 cents each in its IPO, representing 5.2 per cent of the total issued capital on completion of the offer.
A minimum target of $1 million has been set. The offer is not underwritten.
Last year, Phosphate Australia, named best IPO by Deloitte, delivered returns at one stage of over 300 per cent to investors in an otherwise dark year for IPOs.
Article continues...
Welcome to the new WA Business News website.
We invite you to explore our new site, with its added features and tools. The search capabilities of archives has been upgraded and expanded, includes 17,546 Western Australian business articles totalling 6,497,223 words.
Subscribers to the WA Business News are able to access articles as part of their subscription. If you are not a subscriber you can subscribe online now or you can purchase credits to view the articles. Alternatively you can also request an 8 week free trial of our paper (Note: the 8 week trial does not include website access).
If you are a subscriber or have previously registered with the website and don't know your login details please contact us on +61 8 9288 2100. If you are unsure of your login password please complete the forgot password form
Kind regards
Harry Kleyn - Publisher
 |
| SUBSCRIBE TODAY! |
