Intelligent Investor

Glennon Small Companies Limited (ASX: GC1) - Float & IPO Details

- Current share price for GC1 : $0.515

Glennon Small Companies Limited (GC1) provides investors with an opportunity to invest in a small & micro-cap investment portfolio, targeting up to 60 local equity securities. The Company's investment investors with exposure to a portfolio of smaller companies and to do this through a dedicated specialist small companies investment manager.

Glennon Small Companies Limited (GC1) floated on the Australian Securities Exchange (ASX) on Friday, 21 August 2015. The company opened its first day of trading with a share price of $1.00 which was down 0% from its offer price of $1.00 per share. The first day of trading for Glennon Small Companies Limited on the ASX saw its share price move between a low of $1.00 and a high of $1.01, before closing at $1.00 per share which was 0% below its original offer price of $1.00 per share.
GC1's current share price of $0.52 is a -$0.49 or 48.50% discount to its original offer price of $1.00.

GC1 Float / IPO Details

Offer Open Date6 Jul 2015
Offer Close Date12 Aug 2015
Listing Date21 Aug 2015
Issue Price$1.00
Amount Raised$50,000,000
Shares Issued (new)50,000,000
Underwriter
Consultants
AuditorPitcher Partners

GC1 Float / IPO Performance (relative to an issue price of $1.00)

Current Price$0.52-48.50%
First Day Open$1.000%
First Day High$1.011%
First Day Low$1.000%
First Day Close$1.000%
All-time High$1.1717%
All-time Low-100%
12-month High$0.60-40%
12-month Low-100%

Other floats & IPOs around the same time as Glennon Small Companies Limited (GC1)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
PAI Platinum Asia Investments Limited 10 Aug 2015 7 Sep 2015 21 Sep 2015 $1.00 $0.87 -13%
TML Timah Resources Limited 7 Jul 2015 31 Jul 2015 16 Sep 2015 $0.20 $0.03 -84.50%
VIT1 Vitaco Holdings Limited 4 Sep 2015 11 Sep 2015 16 Sep 2015 $2.10
EAI Ellerston Asian Investment Limited 4 Aug 2015 1 Sep 2015 15 Sep 2015 $1.00 $0.79 -21%
QMIX SPDR MSCI World Quality Mix Fund 14 Sep 2015 $29.88
FGG Future Generation Global Investment Company Ltd 10 Jul 2015 28 Aug 2015 10 Sep 2015 $1.10 $1.30 18.18%
KNO Knosys Limited 29 Jul 2015 28 Aug 2015 9 Sep 2015 $0.20 $0.04 -82.50%
KYP CV Check Ltd 6 Jul 2015 3 Aug 2015 8 Sep 2015 $0.20 $0.11 -45%
TTC Traditional Therapies Clinics Limited 1 Jul 2015 20 Aug 2015 3 Sep 2015 $0.50 $0.06 -88.40%
BFC Beston Global Food Company Limited 1 Aug 2015 17 Aug 2015 28 Aug 2015 $0.35 $0.01 -98%
ADR Adherium Limited 4 Aug 2015 14 Aug 2015 26 Aug 2015 $0.50 $0.03 -94.40%
BBUS BetaShares U.S. Equities Strong Bear Hedge Fund - 26 Aug 2015 $6.19
PAR Paradigm Biopharmaceuticals Ltd 15 Jun 2015 10 Jul 2015 19 Aug 2015 $0.35 $0.29 -18.57%
GGUS BetaShares Geared U.S. Equity Fund �??Currency Hed 18 Aug 2015 $33.29
AHI Myfiziq Limited 2 Jul 2015 3 Aug 2015 17 Aug 2015 $0.20 $0.09 -54%
NVL National Veterinary Care Ltd 24 Jul 2015 3 Aug 2015 14 Aug 2015 $1.00 $3.67 267%
WLS Contango Income Generator Limited 7 Jul 2015 31 Jul 2015 14 Aug 2015 $1.00 $0.59 -41%
PAL TPI Enterprises Limited 13 Aug 2015 $0.30
MHG Magellan Global Equities Fund (Currency Hedged) 10 Aug 2015 $3.62
AYZ Australian Masters Yield Fund No 5 Limited 5 Aug 2015 $45.53
PEP Pepper Group Limited 27 Jul 2015 29 Jul 2015 31 Jul 2015 $2.60 $3.69 41.92%
KSL Kina Securities Limited 7 Jul 2015 21 Jul 2015 30 Jul 2015 $1.00 $0.93 -7%
PPL Pureprofile Ltd 22 Jun 2015 17 Jul 2015 29 Jul 2015 $0.50 $0.02 -95.40%
CGC Costa Group Holdings Limited 3 Jul 2015 16 Jul 2015 24 Jul 2015 $2.25 $3.19 41.78%

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