Outback Metals closes underwater

IT HAS been a mixed session for Northern Territory-focused junior explorer Outback Metals with the company debuting on the Australian bourse this morning at a 35% premium to its A20c issue price before dipping to close at a 7.5% discount.

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The New South Wales-based company opened at an intraday high of 27c before falling to a low of 15c and then gained some ground to close at 18.

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