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Broadspectrum Limited (ASX: BRS) - Float & IPO Details

DELISTED - Current share price for BRS : $1.490

Broadspectrum Limited (BRS) floated on the Australian Securities Exchange (ASX) on Thursday, 3 May 2001. The company opened its first day of trading with a share price of $1.64 which was up 2.50% from its offer price of $1.60 per share. The first day of trading for Broadspectrum Limited on the ASX saw its share price move between a low of $1.63 and a high of $1.64, before closing at $1.63 per share which was 1.87% above its original offer price of $1.60 per share.
BRS's current share price of $1.49 is a -$0.11 or 6.88% discount to its original offer price of $1.60.

BRS Float / IPO Details

Offer Open Date26 Mar 2001
Offer Close Date26 Apr 2001
Listing Date3 May 2001
Issue Price$1.60
Amount Raised$121,000,000
Shares Issued (new)75,625,000
UnderwriterUBS Warburg Australia Limited
Consultants
Auditor

BRS Float / IPO Performance (relative to an issue price of $1.60)

Current Price$1.49-6.88%
First Day Open$1.642.50%
First Day High$1.642.50%
First Day Low$1.631.87%
First Day Close$1.631.87%
All-time High$3.89143.13%
All-time Low-100%
12-month Highn/an/a
12-month Lown/an/a

Other floats & IPOs around the same time as Broadspectrum Limited (BRS)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
GLB Globe International Limited 2 May 2001 23 May 2001 24 May 2001 $1.00 $2.85 185%
HYD ST Synergy Limited 22 Nov 2000 14 May 2001 11 May 2001 $0.50 $0.02 -97%
TPG SP Telecommunications Limited 2 Apr 2001 26 Apr 2001 10 May 2001 $0.25 $4.14 1,556%
CST2 Cellestis Limited 26 Mar 2001 12 Apr 2001 24 Apr 2001 $0.25
TAW Tawana Resources NL 29 Jan 2001 5 Apr 2001 19 Apr 2001 $0.50 $0.31 -38%
PBO PanBio Limited 2 Mar 2001 23 Mar 2001 9 Apr 2001 $1.00 $0.65 -35.50%

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