What we know so far
Offer price: | $0.20 |
Proposed code: | LMS |
Expected raise: | $4,500,000 – $5,500,000 |
Expected listing: | 15 March 2024 |
Litchfield Minerals 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.
Litchfield Minerals 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:
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Litchfield Minerals lodged its prospectus with the Australian Securities and Investments Commission (ASIC) to list on the ASX under the ticker symbol LMS.
Alpine Capital Pty Ltd were appointed as lead managers with an expected raise of $4,500,000 – $5,500,000 at $0.20 per share. You can check out some of the key dates and figures in the table below:
Litchfield Minerals IPO key numbers | |
---|---|
Offer price | $0.20 |
Dividend yield | 0% |
Total number of shares available under the offer | 22,500,000 – 27,500,000 |
Proposed ASX code | ASX: LMS |
Target market cap | $6,580,769 – $7,580,769 |
Retail offer opens | 31 January 2024 |
Retail offer closes | 28 February 2024 |
Expected listing on ASX | 15 March 2024 |
Expected dispatch of holding statements | 4 March 2024 |
According to latest information available, retail investors (regular investors) have between 31 January 2024 and 28 February 2024 to participate in the Litchfield Minerals IPO. After the retail offer close date, you'll need to wait until the stock is publicly available on the ASX to buy shares.
Litchfield Minerals launched in 2016 and is head quartered in Brisbane, Queensland
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