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Coronado cools

Australia's biggest ever coal IPO falls flat.

Kristie Batten
Coronado Coal owns the Curragh coking coal operation in Queensland.

Coronado Coal owns the Curragh coking coal operation in Queensland.

Its CDIs debuted at midday AEDT yesterday, opening at A$3.80. Ten CDIs make up one Coronado share. Coronado had been seeking to raise up to $1.39 billion with majority owner the Energy and Minerals...

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