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Magellan High Conviction Trust (ASX: MHH) - Float & IPO Details

DELISTED - Current share price for MHH : $1.775

Magellan High Conviction Trust (MHH) floated on the Australian Securities Exchange (ASX) on Friday, 11 October 2019. The company opened its first day of trading with a share price of $1.50 which was down 0.33% from its offer price of $1.50 per share. The first day of trading for Magellan High Conviction Trust on the ASX saw its share price move between a low of $1.50 and a high of $1.52, before closing at $1.50 per share which was 0% below its original offer price of $1.50 per share.
MHH's current share price of $1.78 is a $0.28 or 18.33% premium to its original offer price of $1.50.

MHH Float / IPO Details

Offer Open Date21 Aug 2019
Offer Close Date27 Sep 2019
Listing Date11 Oct 2019
Issue Price$1.50
Amount Raised$500,000,000
Shares Issued (new)333,333,333
Underwriter
Consultants
AuditorErnst & Young

MHH Float / IPO Performance (relative to an issue price of $1.50)

Current Price$1.7818.33%
First Day Open$1.50-0.33%
First Day High$1.521.33%
First Day Low$1.50-0.33%
First Day Close$1.500%
All-time High$1.7818.67%
All-time Low-100%
12-month Highn/an/a
12-month Lown/an/a

Other floats & IPOs around the same time as Magellan High Conviction Trust (MHH)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
PWG Primewest 22 Oct 2019 1 Nov 2019 8 Nov 2019 $1.00 $1.46 46%
GDC 360 Capital Digital Infrastructure Fund 9 Oct 2019 28 Oct 2019 31 Oct 2019 $2.00 $2.28 14%
SUBD VanEck Vectors Australian Subordinated Debt ETF 30 Oct 2019 $25.00 $25.10 0.40%
ITG Intega Group Limited 22 Oct 2019 $0.90
DTC Damstra Holdings Limited 1 Oct 2019 10 Oct 2019 16 Oct 2019 $0.90 $0.24 -73.89%
HMC Home Consortium 1 Oct 2019 9 Oct 2019 14 Oct 2019 $3.35 $6.28 87.31%
MHHT Magellan High Conviction Trust (Managed Fund) 11 Oct 2019 $1.84
TMG Trigg Mining Ltd 2 May 2019 26 Aug 2019 3 Oct 2019 $0.20 $0.01 -96.50%
MAD Mader Group Limited 23 Aug 2019 12 Sep 2019 1 Oct 2019 $1.00 $6.79 579%
PGG Partners Group Global Income Fund 12 Aug 2019 5 Sep 2019 26 Sep 2019 $2.00 $1.75 -12.50%
OSX Osteopore Limited 26 Jul 2019 23 Aug 2019 23 Sep 2019 $0.20 $0.38 90%

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