What we know so far
|Expected raise:||$12,000,000 - $15,000,000|
|Expected listing:||29 April 2022|
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Maronan Metals shares are now publicly available to purchase on the Australian Securities Exchange (ASX). Here's what we know about the IPO and how you can buy in.
Maronan Metals has listed on the ASX, so you can now buy shares over the stock market. To do that, you'll need to be signed up to a broker. Your cheapest option is to sign up to an online broker. Check out the steps below:
Maronan Metals lodged its prospectus with the Australian Securities and Investments Commission (ASIC) to list on the ASX under the ticker symbol MMA.
Veritas Securities Limited were appointed as lead managers with an expected raise of $12,000,000 - $15,000,000 at $0.20 per share. You can check out some of the key dates and figures in the table below:
|Maronan Metals IPO key numbers|
|Total number of shares available under the offer||60,000,000 75,000,000|
|Proposed ASX code||ASX: MMA|
|Target market cap||$27,000,000 - $30,000,000|
|Retail offer opens||1 March 2022|
|Retail offer closes||22 March 2022|
|Expected listing on ASX||29 April 2022|
|Expected dispatch of holding statements||20 April 2022|
According to latest information available, retail investors (regular investors) have between 1 March 2022 and 22 March 2022 to participate in the Maronan Metals IPO. After the retail offer close date, you'll need to wait until the stock is publicly available on the ASX to buy shares.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Maronan Metals launched in 2003 by Simon Bird and is headquartered in Sydney, Australia.
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