Dalrymple Bay sinks on market debut

THE operator of Queensland’s Dalrymple Bay coal export facility Dalrymple Bay made its market debut today, but despite raising A$1.3 billion, the response from the market was underwhelming.

Dalrymple Bay sinks on market debut Dalrymple Bay sinks on market debut Dalrymple Bay sinks on market debut Dalrymple Bay sinks on market debut Dalrymple Bay sinks on market debut

Dalrymple Bay is one of the largest coal terminals in the world

Dalrymple Bay Infrastructure priced its securities at $2.57 each but, in sharp contrast to the recent experience of speculative explorers, it made its debut below the issue price at $2.