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Demand for Encounter

THOSE keen on all things uranium have jumped on board Encounter Resources, which this week became the second yellowcake IPO to attract more demand for its shares than those on offer.

Michael Quinn
Demand for Encounter

Encounter said it over 400 applicants were seeking $A11 million worth of shares, with only $4 million on offer. Earlier this week Toro Energy’s $18 million IPO was oversubscribed to the tune of $52.5 million...

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