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Coronado falls flat after shrunken IPO

Biggest coal IPO ever in Australia and largest resources float in years

Kristie Batten
Curragh in Queensland, Australia

Curragh in Queensland, Australia

Coronado had been seeking to raise up to A$1.39 billion with majority owner the Energy and Minerals Group (EMG) looking to sell-down as much as 30% of its stake at up to $4.80 per CHESS depositary interest....

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