Market debut IPO: M3 Mining

M3 Mining (ASX:M3M) has debuted on the Australian stock exchange today.

Following its debut, shares of M3 Mining fell 0% to 20 cents/share.

An increase in listing price is a vote of confidence from the market about the future prospects of the company.

A decrease in the listing price can be interpreted in a number of ways, including whether the IPO was accurately priced.