Godolphin recovers stride after debut dip

ARDEA Resources spin-off Godolphin Resources made its market debut today, but despite a lot of renewed interest in the potential of New South Wales for big copper-gold discoveries, the demerger did not initially impress the markets.

Godolphin recovers stride after debut dip Godolphin recovers stride after debut dip Godolphin recovers stride after debut dip Godolphin recovers stride after debut dip Godolphin recovers stride after debut dip

Lewis Ponds.

While Godolphin successfully raised A$7.5 million, closing early in a raising aided by Sydney-based Panthea Capital, the junior's stock fell to a low of 17.