CAPITAL MARKETS

West African IPO attracts big response

WEST African Resources has closed its $A6.5 million initial public offering after a strong response from institutional investors.

Kristie Batten
West African IPO attracts big response

The company did not accept oversubscriptions and will issue 32.5 million shares at 20c per share. On listing on the Australian Securities Exchange, scheduled for June 8, West African will have 147.7...

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