22/05/2012 - 14:24

Goldfields Money debuts on ASX

22/05/2012 - 14:24

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Goldfields Money debuts on ASX

Goldfields Credit Union has made its debut Australian Securities Exchange as Goldfields Money, after raising $9 million through an initial public offering.

The Kalgoorlie-based lender revealed in February it would spend $1.86 million to demutualise and raise the $9 million.

GCU members voted overwhelmingly in favour of the listing, with 99 per cent backing the move.

The listing is the 38th in Perth this financial year, and the 91st Australia wide.

Goldfields Money stocks have been steady since their debut, trading at the issue price of $1.00.

 

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