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Bullboard - Stock Discussion Forum Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

Majestic Gold Corp. is engaged in mineral resource exploration, development and extraction. It operates the Songjiagou open pit gold mine in the eastern Chinese province of Shandong. Songjiagou Gold Mine covers over 75.04 square kilometers in Muping, Yantai, Shandong Province, China. It has four separate tenements, including E36/918, E37/1334, E63/2110 (Kumarl) Tenement and E77/2817 (Moorine... see more

TSXV:MJS - Post Discussion

Majestic Gold Corp. > IPO Speeding up in July
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Post by nozzpack on Aug 09, 2023 7:46am

IPO Speeding up in July

26 in the first half of 2023 and 18 accepted in July alone......So things are speeding up.

https://www.hkex.com.hk/News/Market-Communications/2023/230731news?sc_lang=en
Comment by nozzpack on Aug 09, 2023 8:26am
Preliminary data for August todate is 110 which implies 19 approvals for August which is quite good. Hong Kong hosted 18 IPOs raising HKD6.6 billion  in Q1 2023 ( about $50 million US ) versus 15 IPOs raising HKD13.6 billion in Q1 2022. ( about $100 m US ) This represented  a 20% rise in deal volume but a 51% plunge in deal value. In Q2 of 2023, Hong Kong hosted 13 IPOs raising ...more  
Comment by nozzpack on Aug 09, 2023 5:12pm
Just looking over the IPO back log behind Persistence when it reapplied on May 22 2023. Approcimately 50 or so. 26 were hosted in June 2023 and another 18 in July . So, I think that we are very close to our turn..