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Australis soars

Australia's latest oil and gas IPO defies Deloitte WA Index and global oil prices.

Anthony Barich
Australis' expanded TMS acreage.

Australis' expanded TMS acreage.

Deloitte's latest WA Index revealed that Australis' valuation rose by $101.9 million (110.5%) between March 31 and April 30 as its share price spiked after completing a $100 million share issue to settle...

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