CAPITAL MARKETS

Kaiser Reef leaps at launch

ADRIAN Byass and Jonathan Downes are going back to explore the Stuart Town area of the Lachlan Fold Belt, in a bid to complete efforts they began and abandoned a decade ago with Ironbark Gold, and the market leapt on the story with Kaiser Reef’s stock market debut today.

Kaiser Reef leaps at launch

Shares in the debutante opened at A23c, ahead of the raising price of 20c, peaking at 26c, with the close at 25c after 2.5 million shares changed hands.   It was a pretty good show considering the...

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