Intelligent Investor

International All Sports Limited (ASX: IAS) - Float & IPO Details

DELISTED - Current share price for IAS : $0.595

International All Sports Limited (IAS) floated on the Australian Securities Exchange (ASX) on Friday, 6 August 1999. The company opened its first day of trading with a share price of $2.35 which was up 17.50% from its offer price of $2.00 per share. The first day of trading for International All Sports Limited on the ASX saw its share price move between a low of $2.10 and a high of $2.40, before closing at $2.19 per share which was 9.50% above its original offer price of $2.00 per share.
IAS's current share price of $0.60 is a -$1.41 or 70.25% discount to its original offer price of $2.00.

IAS Float / IPO Details

Offer Open Date8 Jul 1999
Offer Close Date4 Aug 1999
Listing Date6 Aug 1999
Issue Price$2.00
Amount Raised$15,000,000
Shares Issued (new)7,500,000
UnderwriterMorgan Corporate Ltd
Consultants
AuditorPevensey Partners

IAS Float / IPO Performance (relative to an issue price of $2.00)

Current Price$0.60-70.25%
First Day Open$2.3517.50%
First Day High$2.4020%
First Day Low$2.105%
First Day Close$2.199.50%
All-time High$2.4020%
All-time Low$0.15-92.75%
12-month Highn/an/a
12-month Lown/an/a

Other floats & IPOs around the same time as International All Sports Limited (IAS)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
ITQ eBet Limited 12 Jul 1999 29 Jul 1999 18 Aug 1999 $0.50 $7.12 1,324%
MST Metal Storm Limited 7 Jun 1999 28 Jun 1999 8 Jul 1999 $3.00 -100%

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