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How to invest in the Dragon Mountain Gold IPO

Dragon Mountain Gold is set to go public, here's what you need to know if you're looking to buy in.

What we know so far

Offer price: $0.02
Proposed code: DMG
Expected raise: $1,500,000 – $4,000,000
Expected listing: TBA
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Minerals-exploration and mining company Dragon Mountain Gold is set to list soon on the Australian Securities Exchange (ASX), which means that you'll be able to buy company shares. Here's what we know about the initial public offering (IPO), including how to invest before it lists and how to buy in when it lists.

How to invest in the Dragon Mountain Gold IPO

To invest in an IPO, you'll typically need to be registered with a participating broker or lead manager. This can be tricky for regular investors because only a few firms are allocated IPO stock and they're most often full-service brokers.

If you're already registered with a broker, it always pays to check if they're offering pre-listed IPO stock, as lead managers sometimes allocate a portion of shares on to other firms. Your other option is to buy shares in Dragon Mountain Gold once it goes public. To do that, you'll need to be signed up to a share trading platform:

What we know about the Dragon Mountain Gold IPO

Dragon Mountain Gold lodged its prospectus with the Australian Securities and Investments Commission (ASIC) to list on the ASX under the ticker symbol DMG.

Dragon Mountain Gold IPO key numbers
Offer price $0.02
Dividend yield 0%
Number of IPO shares 75,000,000 - 200,000,000
Proposed ASX code ASX: DMG
Target market cap $7,777,433 – $10,277,433
Retail offer opens 17 June 2022
Retail offer closes 14 July 2022
Expected listing on ASX TBA
Expected dispatch of holding statements 15 July 2022
Source: Dragon Mountain Gold prospectus

According to latest information available, retail investors (regular investors) have between 17 June 2022 and 14 July 2022 to participate in the Dragon Mountain Gold IPO. After the retail offer close date, you'll need to wait until the stock is publicly available on the ASX to buy shares.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
1 - 9 of 9
Name Product Standard brokerage fee Inactivity fee Markets
CMC Markets Invest
$0
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
IG Share Trading
$2.50 for July + August ($5-$8 standard fee applies thereafter)
No
ASX shares, US shares, UK shares, ETFs, and more
For the months of July and August, trade Aussie shares from $2.50 and international shares from $0. T&Cs apply.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Monex Share Trading
0.132% (Min AUD 19.95)
No
ASX shares, Global shares, US shares, ETFs
Exclusive to Finder: Sign up to Monex Securities via Finder using the code FINDER01 and receive up to $220 in rebates. T&Cs apply.
Sign up to Monex securities and trade up to 70% of the world, with over 50,000 listed securities in 12 international markets.
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Exclusive
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$6.49
No
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Exclusive to Finder: Sign up to Tiger through Finder and receive four Grab shares when you fund your account. Plus, receive a $50 stock voucher once you deposit 1 cent or more. T&Cs apply.
Get started with $0 brokerage on ASX and US stocks for the first 3 months upon account opening.
Selfwealth (Basic account)
$9.5
No
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with Selfwealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Bendigo Invest Direct
$19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Gain access to 12 markets from one account with Bendigo.
Invest in Australian shares and access major international markets through a trusted local brand. Plus, fine tune your investment knowledge with Bendigo’s advanced research and analysis tools.
Superhero share trading
$5
No
ASX shares, US shares, ETFs
Sign up & fund your account with A$100 or more and receive US$10 of Tesla stocks on Superhero. T&Cs apply.
Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.
Bell Direct Share Trading
$15
No
ASX shares, mFunds, ETFs
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
GO Markets Share Trading
$7.70
No
ASX shares, Forex, CFDs, ETFs
Zero dollar brokerage on your first 50 trades.
Receive $385* worth of brokerage fees when you transfer your HIN to GO Markets Securities.
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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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