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Monash Absolute Investment Company Limited (ASX: MA1) - Float & IPO Details

DELISTED - Current share price for MA1 : $1.190

Monash Absolute Investment Company Limited (MA1) floated on the Australian Securities Exchange (ASX) on Tuesday, 12 April 2016. The company opened its first day of trading with a share price of $1.02 which was up 2% from its offer price of $1.00 per share. The first day of trading for Monash Absolute Investment Company Limited on the ASX saw its share price move between a low of $0.96 and a high of $1.02, before closing at $0.96 per share which was 4% below its original offer price of $1.00 per share.
MA1's current share price of $1.19 is a $0.19 or 19% premium to its original offer price of $1.00.

MA1 Float / IPO Details

Offer Open Date2 Mar 2016
Offer Close Date31 Mar 2016
Listing Date12 Apr 2016
Issue Price$1.00
Amount Raised$100,000,000
Shares Issued (new)100,000,000
Underwriter
Consultants
AuditorPitcher Partners

MA1 Float / IPO Performance (relative to an issue price of $1.00)

Current Price$1.1919%
First Day Open$1.022%
First Day High$1.022%
First Day Low$0.96-4%
First Day Close$0.96-4%
All-time High$1.4645.50%
All-time Low-100%
12-month Highn/an/a
12-month Lown/an/a

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