FeOre trades above IPO on first day, eyes first rail haulage of Mongolian iron ore within two years - Proactiveinvestors (AU): "FeOre (ASX: FEO), a Mongolia-focused iron ore explorer, has performed well in its first hour of public life on the ASX with shares changing hands above it’s A$0.25 IPO price.
On a day when the Australian market is down 1.5% FeOre shares have traded up at $0.26, with about 873,000 shares traded up to just after midday.
The company was admitted to the ASX yesterday following a successful IPO of up to 140 million shares at A$0.25 to raise up to $35 million. "
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