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Initial Public Offerings (IPOs)

Initial Public Offerings (IPOs) and Capital Raisings often present the savvy investor with an opportunity to purchase shares in new upcoming listed companies through the ‘float’ process (IPOs). The ‘float’ (IPOs) is the initial listing of the company on the Stock Exchange – with the aim of raising a specific amount of capital for the growth and strategic purpose of the company.

At CKL, we try and get you “firm stock” whether we are involved with a particular float or not. If the stock is hard to get and looks like being oversubscribed, we source our industry contacts to try and get it for you. To join our share float register please click here and tick the IPOs box.

Past IPO stock prices and performances from 2003 can be viewed in the table below - please note past performances are not indicative of future performances. To view details about the floats on offer presently, please click on the relevant company in the table below.

Upcoming Issues and Floats

Name Expected To Close

IPOs recommended by CK Locke & Partners

2005 Onwards

Date:

12/06/2008

Stock

Code

Issue Price

Min. Alloc.

Total $

Listing Date

Last

Return

Consolidated Tin Mines

CSD

$0.20

10,000

$2,000.00

17/12/2007

$0.100

-50.00%

CSDO

$0.00

5,000

$0.00

11/03/2008

$0.047

$235.00

Total Cost:

$2,000.00

Total Value:

$1,235.00

-38.25%

Vector Resources

VEC

$0.20

10,000

$2,000.00

17/12/2007

$0.325

62.50%

VECO

$0.01

5,000

$50.00

11/03/2008

$0.150

$700.00

Total Cost:

$2,050.00

Total Value:

$4,000.00

95.12%

Odin Energy

ODN

$0.25

10,000

$2,500.00

5/09/2007

$0.120

-52.00%

ODNO

$0.01

5,000

$50.00

25/10/2007

$0.026

$80.00

Total Cost:

$2,550.00

Total Value:

$1,330.00

-47.84%

DMC Mining

DMM

$0.20

10,000

$2,000.00

18/07/2007

$0.790

295.00%

DMMO

$0.01

5,000

$50.00

24/09/2007

$0.700

$3,450.00

Total Cost:

$2,050.00

Total Value:

$11,400.00

456.10%

United Uranium

UUL

$0.20

10,000

$2,000.00

1/06/2007

$0.140

-30.00%

UULO

$0.01

5,000

$50.00

3/11/2007

$0.020

$50.00

Total Cost:

$2,050.00

Total Value:

$1,500.00

-26.83%

Truscott Mining

TRM

$0.20

10,000

$2,000.00

18/04/2007

$0.140

-30.00%

$0.00

Total Cost:

$2,000.00

Total Value:

$1,400.00

-30.00%

Coal FE

CES

$0.20

10,000

$2,000.00

12/04/2007

$0.130

-35.00%

CESO

$0.01

3,333

$33.33

13/08/2007

$0.049

$130.00

Total Cost:

$2,033.33

Total Value:

$1,463.33

-28.03%

Robust Resources

ROL

$0.20

10,000

$2,000.00

26/02/2007

$0.240

20.00%

no options

$0.00

Total Cost:

$2,000.00

Total Value:

$2,400.00

20.00%

Prime Minerals

PIM

$0.20

10,000

$2,000.00

3/01/2007

$0.330

65.00%

PIMO

$0.01

5,000

$50.00

27/07/2007

$0.175

$825.00

Total Cost:

$2,050.00

Total Value:

$4,175.00

103.66%

Palace Resources

PXR

$0.20

10,000

$2,000.00

15/12/2006

$0.039

-80.50%

PXRO

$0.01

7,500

$75.00

23/03/2007

$0.011

$7.50

Total Cost:

$2,075.00

Total Value:

$472.50

-77.23%

Industrial Minerals

IDM

$0.20

12,500

$2,000.00

8/11/2006

$0.400

150.00%

(Rubirosa Limited)

IDMO

$0.00

6,250

$0.00

8/11/2006

$0.200

$1,250.00

25% bonus stock: 12,500 / 6,250

Total Cost:

$2,000.00

Total Value:

$6,250.00

212.50%

Northern Mining

NMI

$0.20

10,000

$2,000.00

12/09/2006

$0.170

-15.00%

NMIO

$0.01

3,333

$33.33

11/12/2006

$0.038

$93.33

Total Cost:

$2,033.33

Total Value:

$1,826.67

-10.16%

Coretrack

CKK

$0.20

10,000

$2,000.00

31/08/2006

$0.082

-59.00%

CKKO

$0.01

5,000

$50.00

12/01/2007

$0.033

$115.00

Total Cost:

$2,050.00

Total Value:

$985.00

-51.95%

Computercorp

CZP

$0.25

8,000

$2,000.00

29/08/2006

$0.095

-62.00%

no options

Total Cost:

$2,000.00

Total Value:

$760.00

-62.00%

Gladiator Resources

GLA

$0.20

10,000

$2,000.00

27/06/2006

$0.065

-67.50%

GLAO

$0.005

5,000

$25.00

19/10/2006

$0.025

$100.00

Total Cost:

$2,025.00

Total Value:

$775.00

-61.73%

Advance Energy

AVD

$0.25

8,000

$2,000.00

2/06/2006

$0.100

-60.00%

no options

Total Cost:

$2,000.00

Total Value:

$800.00

-60.00%

Cortona Resources

CRC

$0.20

10,000

$2,000.00

21/03/2006

$0.220

10.00%

CRCO - Exercised

$0.21

5,000

$1,050.00

31/03/2008

$0.220

$50.00

Total Cost:

$3,050.00

Total Value:

$3,300.00

8.20%

Golden State Resources

GDN

$0.20

10,000

$2,000.00

15/03/2006

$0.150

-25.00%

no options

Total Cost:

$2,000.00

Total Value:

$1,500.00

-25.00%

Globe Uranium

GBE

$0.20

10,000

$2,000.00

9/12/2005

$0.325

62.50%

(Options Exercised)

GBEO - Exercised

$0.21

5,000

$1,050.00

7/03/2006

$0.325

$575.00

Total Cost:

$3,050.00

Total Value:

$4,875.00

59.84%

Red Fork Energy

RFE

$0.20

10,000

$2,000.00

31/10/2005

$0.570

185.00%

RFEO

$0.00

5,000

$0.00

31/10/2005

$0.390

$1,950.00

Total Cost:

$2,000.00

Total Value:

$7,650.00

282.50%

Biron Capital

BIC

$0.60

3,340

$2,004.00

20/10/2005

$0.080

-86.67%

Total Cost:

$2,004.00

Total Value:

$267.20

-86.67%

Hodges Resources

HDG

$0.20

10,000

$2,000.00

20/10/2005

$0.150

-25.00%

(Options Exercised)

HDGO - Exercised

$0.21

10,000

$2,100.00

28/12/2005

$0.150

-$600.00

Total Cost:

$4,100.00

Total Value:

$3,000.00

-26.83%

Solimar Energy

SGY

$0.20

10,000

$2,000.00

14/09/2005

$0.195

0.00%

(Livingstone Petroleum)

no options

(was LPL)

Total Cost:

$2,000.00

Total Value:

$1,950.00

-2.50%

Graynic Metals

GYN

$0.20

10,000

$2,000.00

30/06/2005

$0.160

-20.00%

(Options Exercised)

GYNO - Exercised

$0.21

5,000

$1,050.00

27/09/2005

$0.160

-$250.00

Total Cost:

$3,050.00

Total Value:

$2,400.00

-21.31%

Regal Resources

RER

$0.20

10,000

$2,000.00

28/06/2005

$0.043

-78.50%

no options

Total Cost:

$2,000.00

Total Value:

$430.00

-78.50%

Bannerman

BMN

$0.20

10,000

$2,000.00

28/04/2005

$2.16

3140.00%

(Options Exercised)

BMNO - Exercised

$0.21

10,000

$2,100.00

6/06/2005

$2.16

$62,700.00

3:1 Share Split

x 3 = 30,000

Total Cost:

$4,100.00

Total Value:

$129,600.00

3060.98%

White Energy Company

WEC

$0.20

10,000

$2,000.00

24/03/2005

$3.65

1725.00%

(Amerod Resources)

WECO

$0.00

5,000

$0.00

Intrinsic Value

$3.40

$17,000.00

(was ARZ)

Total Cost:

$2,000.00

Total Value:

$53,500.00

2575.00%

Golden West Resources

GWR

$0.20

10,000

$2,000.00

17/01/2005

$1.900

850.00%

GWRO - Exercised

$0.205

5,000

$1,025.00

31/05/2005

$1.900

$8,475.00

Total Cost:

$3,025.00

Total Value:

$28,500.00

842.15%

Jupiter

JMS

$0.20

10,000

$2,000.00

23/12/2004

$0.320

60.00%

JMSO

$0.01

5,000

$50.00

Options expired worthless

$0.00

opions expired with value 19.5c

Total Cost:

$2,050.00

Total Value:

$3,200.00

56.10%

Total Minimum Cost:

$65,395.67

Total Value:

$279,709.70

327.72%



Historical performance results have certain inherent limitations. No representation is being made that any investor will or is likely to achieve profits or losses similar to those shown. The results presented should not and cannot be viewed as an indicator of future performance, or as an indicator of the returns a CK Locke & Partners client would have realised or will realise in relying on CK Locke & Partners IPO recommendations, or how individual CK Locke & Partners IPO recommendations are performing or will perform in the future. This material is for informational purposes only and is not an offer to sell or the solicitation of an offer to buy. Additionally, CK Locke & Partners IPO Recommendations, and the general guidance are not personal recommendations for any particular investor or client and do not take into account the financial, investment or other objectives or needs of, and may not be suitable for any particular investor or client. Before buying, investors and clients should consider whether the investment is suitable

Investors and clients should consider CK Locke & Partners IPO recommendations as only a single factor in making their investment decision while taking into account the current market environment. CK Locke & Partners does not provide tax advice and the views in the material do not take into account any client's or investor's tax situation. Clients and investors should consult their tax advisors before investing. CK Locke & Partners IPO Recommendations utilise third-party data in calculating the returns. While CK Locke & Partners believes such third-party information is reliable, we do not guarantee its accuracy, timeliness or completeness. CK Locke & Partners IPO Recommendations are generally updated weekly, so you should review and consider any recent market or company news before taking any action. Stocks may go down as well as up and investors (including clients) may lose money, including their original investment. Past history is no indication of future performance and returns are not guaranteed. For individualised advice, please contact CK Locke & Partners at +61 8 9421 7706.
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