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Flexiroam Limited (ASX: FRX) - Float & IPO Details

Current share price for FRX : $0.029 0.005 (20.83%)

Flexiroam Limited (FRX) provides connectivity across any device, in any part of the world for any application. The Company is a superconnector for people and machines globally. Flexiroam's versatile network now spans across 520 network operators in over 200 countries and territories, making it the preferred service for consumers and businesses worldwide.

Flexiroam Limited (FRX) floated on the Australian Securities Exchange (ASX) on Tuesday, 16 June 2015. The company opened its first day of trading with a share price of $0.23 which was up 12.50% from its offer price of $0.20 per share. The first day of trading for Flexiroam Limited on the ASX saw its share price move between a low of $0.20 and a high of $0.23, before closing at $0.20 per share which was 0% below its original offer price of $0.20 per share.
FRX's current share price of $0.03 is a -$0.17 or 85.50% discount to its original offer price of $0.20.

FRX Float / IPO Details

Offer Open Date15 Apr 2015
Offer Close Date19 May 2015
Listing Date16 Jun 2015
Issue Price$0.20
Amount Raised$12,000,000
Shares Issued (new)60,000,000
Underwriter
Consultants
AuditorHLB Mann Judd

FRX Float / IPO Performance (relative to an issue price of $0.20)

Current Price$0.03-85.50%
First Day Open$0.2312.50%
First Day High$0.2312.50%
First Day Low$0.200%
First Day Close$0.200%
All-time High$0.3260%
All-time Low-100%
12-month High$0.05-77.50%
12-month Low-100%

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