Long wait for little return with Moho Resources

moho.PNG

After numerous delays, Moho Resources (MOH) finally joined the ASX today and unfortunately the wait hasn’t paid off for investors.

Currently trading at 16 cents per share, prices went as low as 15.5 cents to clock in over 20% down vs the IPOs ask.

There was plenty of positive discussion around this IPO over at HotCopper so we’re hopeful that prices bounce back once the market is a bit healthier.