ASX sweet on Manuka debut

THE market debut of New South Wales-focused precious metals producer Manuka Resources was honey-sweet this morning, with the company’s shares debuting at A29c, and spending much of its maiden session up around 30%, with the shares not falling below 26c.

ASX sweet on Manuka debut ASX sweet on Manuka debut ASX sweet on Manuka debut ASX sweet on Manuka debut ASX sweet on Manuka debut

Manuka has been producing gold since May.

Manuka closed its oversubscribed IPO, with robust support from institutional and retail investors, in recent weeks, raising $7 million, but the company said interest significantly exceeded the maximum

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