Penrice hosts visitors ahead of stock market float

Institutional investors were reported to have visited leading Australian soda ash producer Penrice on 26 May 2005 ahead of a stockmarket floatation.
Penrice held an informal roadshow in Melbourne, Sy…

Institutional investors were reported to have visited leading Australian soda ash producer Penrice on 26 May 2005 ahead of a stockmarket floatation. Penrice held an informal roadshow in Melbourne, Sydney and Queensland in the week ending 28 May 2005, after interested parties were shown the company“s Osborne operations on 26 May 2005. Penrice Soda Products is owned by venture capital firms Quadrant Capital and Colonial First State Private Equity. Penrice“s earnings are seen as dependable because of its long term supply contracts. The company produces soda ash and is developing fast-growing niche markets for sodium bicarbonate.