CAPITAL MARKETS

Akora smashes it out of the park

MADAGASCAR may not be one of the world’s better known iron ore provinces, but the Akora Resources is hoping to change that, building on a decade of work and today’s successful listing on the Australian Securities Exchange.

 Akora is looking at an initial DSO operation

Akora is looking at an initial DSO operation

The shares, priced at A25c during the float, opened at 32c and quickly spiked to 50c, a gain of 100%.   At the end of the session, Akora's stock had traded no lower than 30c, and after some seven million...

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