What we know so far
Offer price: | $0.20 |
Proposed code: | LTP |
Expected raise: | $6,000,000 – $7,000,000 |
Expected listing: | 11 December 2023 |
LTR Pharma shares are now publicly available to purchase on the Australian Securities Exchange (ASX). Here's what we know about the IPO and how you can buy in.
LTR Pharma has listed on the ASX, so you can now buy shares over the stock market. To do that, you'll need to be signed up to a broker. Your cheapest option is to sign up to an online broker. Check out the steps below:
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LTR Pharma lodged its prospectus with the Australian Securities and Investments Commission (ASIC) to list on the ASX under the ticker symbol LTP.
Alpine Capital Pty Ltd were appointed as lead managers with an expected raise of $6,000,000 – $7,000,000 at $0.20 per share. You can check out some of the key dates and figures in the table below:
LTR Pharma IPO key numbers | |
---|---|
Offer price | $0.20 |
Dividend yield | 0% |
Total number of shares available under the offer | 30,000,000 – 35,000,000 |
Proposed ASX code | ASX: LTP |
Target market cap | $26,884,050.40 – $27,884,050.40 |
Retail offer opens | 10 November 2023 |
Retail offer closes | 24 November 2023 |
Expected listing on ASX | 11 December 2023 |
Expected dispatch of holding statements | 4 December 2023 |
According to latest information available, retail investors (regular investors) have between 10 November 2023 and 24 November 2023 to participate in the LTR Pharma IPO. After the retail offer close date, you'll need to wait until the stock is publicly available on the ASX to buy shares.
LTR Pharma launched in 2020 and is head quartered in Queensland, Australia
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