Questerre makes debut at 34 pct premium in OsQEC.OL closed at 2.40 krones = about CA$0.46 on 12MM shares
https://finance.yahoo.com/q/bc?s=QEC.OL&t=1d
Questerre makes debut at 34 pct premium in Oslo
Fri Jun 17, 2005 06:13 AM ET
OSLO, June 17 (Reuters) - Resource company Questerre Energy Corportation (QEC.OL: Quote, Profile, Research) made its debut on the Oslo bourse at 2.27 Norwegian crowns ($0.35) per share on Friday, up from an initial public offering price of 1.69 crowns.
The company, which has its primary listing on the Toronto Stock Exchange (QEC.TO: Quote, Profile, Research) , had completed an offering of about 51 million crowns in stock before the listing on the Oslo Stock Exchange.
The IPO was more than five times oversubscribed, it said.
Shares in Questerre traded steady at 2.27 crowns at 1010 GMT, a rise of 34 percent above the IPO price and outperforming the Oslo benchmark index which was up 0.8 percent.
Questerre Energy Corporation is a Calgary-based independent resource company engaged in oil and gas exploration and development projects in Canada.
It was the 16th new listing on the Oslo bourse in 2005.