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Montaka Global Extension Fund (Quoted Managed Hedge Fund) (ASX: MKAX) - Float & IPO Details

- Current share price for MKAX : $3.560

Montaka Global Extension Fund (Quoted Managed Hedge Fund) (MKAX) is a newly formed managed investment scheme which has been registered with ASIC. The fund aims to provide investors with long term capital growth, with a focus on managing downside risk. The investment objective is not intended to be a forecast. It is only an indication of what the investment strategy aims to achieve over the medium to long term, assuming financial markets remain relatively stable during that time.

Montaka Global Extension Fund (Quoted Managed Hedge Fund) (MKAX) floated on the Australian Securities Exchange (ASX) on Wednesday, 24 June 2020.
MKAX's current share price of $3.56 is a $0.22 or 6.59% premium to its original offer price of $3.34.

MKAX Float / IPO Details

Offer Open Date1 Jun 2020
Offer Close Date5 Jun 2020
Listing Date24 Jun 2020
Issue Price$3.34
Amount Raised
Shares Issued (new)0
Underwriter
Consultants
AuditorErnst & Young

MKAX Float / IPO Performance (relative to an issue price of $3.34)

Current Price$3.566.59%
First Day Openn/an/a
First Day Highn/an/a
First Day Lown/an/a
First Day Closen/an/a
All-time High$4.3931.44%
All-time Low-100%
12-month High$3.648.98%
12-month Low-100%

Other floats & IPOs around the same time as Montaka Global Extension Fund (Quoted Managed Hedge Fund) (MKAX)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
ARX Aroa Biosurgery Limited 1 Jul 2020 3 Jul 2020 24 Jul 2020 $0.75 $0.50 -34%
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MKR Manuka Resources Ltd 9 Jun 2020 23 Jun 2020 14 Jul 2020 $0.20 $0.05 -75.50%
SNAS ETFS Ultra Short Nasdaq 100 Hedge Fund 13 Jul 2020 $1.59
LNAS ETFS Ultra Long Nasdaq 100 Hedge Fund 13 Jul 2020 $11.26
TUA Tuas Limited 30 Jun 2020 $4.00
HQLT BetaShares Global Quality Leaders ETF - Currency 10 Jun 2020 $30.01
AASF Airlie Australian Share Fund (Managed Fund) 4 Jun 2020 $3.85
IYLD iShares Yield Plus ETF 29 May 2020 $99.08
ICOR iShares Core Corporate Bond ETF 29 May 2020 $93.96
ICR InteliCare Holdings Limited 19 Mar 2020 14 May 2020 25 May 2020 $0.20 $0.01 -94%

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