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Macarthur closes IPO early, oversubscribed

INVESTORS have swamped Macarthur Coal Ltd since it announced plans to take its Bowen Basin assets...

Greg Tubby

  The IPO, fully underwritten by ABN AMRO Morgans, has raised $39 million through the issue of 39 million shares at $1.00 each. Upon listing the company will have a market capitalisation of $128.5 million....

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