Kincora Copper Ltd V.KCC

"Heavily Oversubscribed"

[Chipshot2]

Kincora went into the IPO with the intent of raising between $8 and $10M.

The quote of "Heavily Oversubscribed" indicates the huge demand the two lead brokers experienced.

One can expect that a good portion of that unsatisfied demand will spill over into the open markets.

We have a decent bid in the premarket this morning.

Chip

[martin95833]

Up 2 cents already. Hoping to see more action this week. Especially once the ASX opens.

[EnglishBay]

Looking forward to the ASX debut for sure and then more importantly the backlog of assay results which will soon follow.  There will be pent up buyer demand for the stock, especially if assays show continued promising results, given the book was >4x oversubscribed with many investors significantly scaled back or missing out.  With that in mind, I plan on holding nerves to sell

[Chipshot2]

I like the way you are thinking EnglishBay. Positive assay reports will be the ultimate driver here. Good luck to us all. Chip