CAPITAL MARKETS

Vantage debuts underwater

DESPITE a day of overall gains on the Australian market, Sydney-based South African producer Vantage Goldfields has debuted on the bourse at a 15% discount to its A40c issue price.

Kristie Batten
Vantage debuts underwater

Vantage started trading at 1pm EST, with just over 1.1 million shares changing hands. Shares hit a low of 30c and never traded higher than the 40c issue price, closing at 34c. The company raised $20.4...

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