Desert Energy debuts on volatile day

AURORA Minerals spin-off uranium company Desert Energy has debuted slightly underwater on the Australian bourse on a tough day for resource stocks all round.

Desert Energy debuts on volatile day Desert Energy debuts on volatile day Desert Energy debuts on volatile day Desert Energy debuts on volatile day Desert Energy debuts on volatile day

Following an initial public offer that raised an oversubscribed $8 million through the issue of 40 million shares, Perth-based Desert Energy opened at 18c, 10% under its 20c issue price.

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