Moho sinks on debut

TERRY Streeter’s new vehicle did well to raise A$5.3 million and list on the Australian Securities Exchange, but Moho Resources was monstered on debut, with its first shares falling from an initial 16c to a low of 15c, a 25% drop off the bat.

Moho sinks on debut Moho sinks on debut Moho sinks on debut Moho sinks on debut Moho sinks on debut

Sunrise at Silver Swan North

 
 
While the company recovered ground as the session rolled on, closing at 17c after 1.6 million of 42.