Strong showing for Kelly's Miramar

PERTH-based dealmaker Alan Kelly’s new float, Miramar Resources, made its debut Thursday amid the gold bull market following an oversubscribed initial public offer, and roared off to a strong start.

Strong showing for Kelly's Miramar Strong showing for Kelly's Miramar Strong showing for Kelly's Miramar Strong showing for Kelly's Miramar Strong showing for Kelly's Miramar

Miramar was seeking at least A$5 million, and successfully raised the maximum $8 million at 20c per share. 

The shares hit the bourse at 54c, before peaking at 58c.

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