The Pradise Phosphate IPO has been scheduled and their prospectus is available to residents of Australia.
They will be pumping this IPO hard in Australia, and it may have a positive impact on our OTCBB shares as well.
This is LGDI pretending to have a completely fresh start in Australia, and for the sake of our SP I hope that they are wildly successful.
IPO
Key Dates
| Prospectus lodgement date |
23 July 2012
|
| Opening of the Offer |
6 August 2012
|
Closing of the Offer
|
31 August 2012
|
Allotment of Shares under the
Offer and expected commencement
of trading
|
10 September 2012 |
Expected completion of despatch of
holding statements and any refund
payments required
|
11 September 2012 |
Expected commencement of trading
on ASX
|
17 September 2012 |
