CAPITAL MARKETS

Carawine trades steady

CARAWINE Resources has concluded its first day of trading on the Australian Securities Exchange, with the Sheffield Resources spin-out trading in a range between A19-20.5c off 1.7 million shares changing hands.

Haydn Black

Carawine trades steady

It ended the day at 20c. The company raised $7 million from an oversubscribed IPO, with shareholders backing both the Sheffield team and the company’s high-grade gold, copper, cobalt and base metals...

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