CAPITAL MARKETS

Modest debut for Nare

THE extra demand for Nare Diamonds from Europe during its initial public offer has done little to aid the company on its debut on the Australian Stock Exchange today, with its shares opening at a slight premium to its issue price.

Rebecca Lawson
Modest debut for Nare

Nare’s share price opened at 52c before reaching a high of 53c and then cooling in the early afternoon to 51c. The company had offered 15 million shares at 50c per share to initially raise $A7.5 million,...

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