** IPB Petroleum IPB.AX slides 33.3% to A$0.006, lowest since November 5
** Oil and gas explorer to raise up to A$1.27 mln ($838,835) at A$0.008/share via placement
** Issue prices represents 11.1% discount to last close
** About 7.2 mln shares traded, 2.9x the 30-day average
** YTD, IPB flat
($1 = A$1.5140)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.shaikh@thomsonreuters.com))
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