Argo's premium outing

MINERALS explorer Argo Exploration debuted on the Australian Stock Exchange yesterday at an 80% premium to its issue price following the early closure of its oversubscribed initial public offer, which raised $7 million.

Argo's premium outing Argo's premium outing Argo's premium outing Argo's premium outing Argo's premium outing

Offering 35 million shares at 20 cents per share in its IPO, Argo opened at 36c before cooling to close at 27c.

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