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Strong start for Bounty

PURE-PLAY hard coking coal producer Bounty Mining has made an impressive debut on the ASX today.

Kristie Batten
The Cook colliery in Queensland

The Cook colliery in Queensland

Bounty raised A$18 million in an fully subscribed initial public offering lead managed by PAC Partners. The 51.4 million IPO shares were issued at 35c each. Bounty closed at 40c with more than 9 million...

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