CAPITAL MARKETS

The 2017 floats that floundered

THE past year was one of recovery in the metals and minerals market, as evidenced by addition of some 30 new explorers successfully joining the bourse, but not all explorers were successful in attracting investor funds.

Haydn Black
The 2017 floats that floundered

Arguably the biggest IPO ‘misfire’ of the year was the early A$10-13 million attempt to recapitalise Manuka Resources, but plans to revitalise its seemingly-cursed namesake project quickly changed. Manuka...

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