Interesting.
Who’s been calling?
The current demand for vanadium is extremely high so I’m not sure on the demand for the IPO but right now I would think there would be plenty of interest especially after what the vanadium peers based in Australia and on the ASX have achieved over the last 12 months. Also the fact that vanadium spot has been driven up sharply in recent months and hasn’t returned those gains due to rebar changes in China.
I’m still hoping to get my full allocation and I’m definitely no punter.
IPO - QEM Limited, page-16
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