CAPITAL MARKETS

Iron Road leads out of the doldrums

IRON Road, a Perth-based company with magnetite projects in South Australia and hematite in the Mid West region of Western Australia, debuted today on the Australian bourse at a handy 20% premium to its issue price.

Kate Haycock
Iron Road leads out of the doldrums

The Adelaide Resources spin-off opened at 25c this morning before moving to a high of 29.5c and closing at 28.5c. Despite the recent poor conditions for new listings, the company raised some $5 million...

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