Friday 18 July 2008

Ivanhoe IPO Australia

A new IPO or initial public offering is set to hit the Australian markets very soon. The IPO belongs to Canada Based Ivanhoe Mines Ltd. (IVN) which is planning to spinoff of its copper, gold and uranium exploration interests in Australia'a Queensland and will do so by forming a company (probably by the name Ivanhoe Australia) and is thus floating an IPO or initial public offering for the same.
Ivanhoe IPO Australia
What is the expected size of the Ivanhoe IPO Australia?
The Ivanhoe IPO Australia company will be created with a market capitalization of around 645 million Australian Dollars. Though the parent company is Canada based, the listing will be in the Australian markets.
The Ivanhoe IPO is expected to raised around A$125.0 million.

How many shares will be sold through the Ivanhoe IPO?
Around 62.5 million shares are expected to be sold through the Ivanhoe IPO Australia.

What is the price per share of Ivanhoe IPO Australia?
The share price of Ivanhoe IPO Australia is set at A$ 2.00 per share. This information is as per the details filed by the company with the Australian Stock Exchange.

What are the opening dates of the Ivanhoe IPO Australia?
The Ivanhoe IPO offer opened on July 14 and the priority offer will close on July 29 followed by the broker offer on Aug. 1.

What is the listing date of the Ivanhoe IPO Australia?
The shares are scheduled to start trading on the Australian Stock Exchange on a deferred settlement basis on Aug. 5 and on a normal settlement basis on Aug. 7. Table of Contents

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