Intelligent Investor

Spacetalk Ltd (ASX: SPA) - Float & IPO Details

Current share price for SPA : $0.022 0.002 (10%)

Spacetalk (SPA) is a software services and smartwatch hardware product developer. As a package, the company's technology platform provides a complete digital communication solution that supports safety and security for families across their life cycles and for employees working in remote settings. The company's unique proprietary ecosystem, which has continued to evolve over time, is recognised as a leader in family safety and the connected wearables industry.

Spacetalk Ltd (SPA) floated on the Australian Securities Exchange (ASX) on Tuesday, 17 July 2001.
SPA's current share price of $0.02 is a -$0.18 or 89% discount to its original offer price of $0.20.

SPA Float / IPO Details

Offer Open Date15 May 2001
Offer Close Date25 Jun 2001
Listing Date17 Jul 2001
Issue Price$0.20
Amount Raised$1,210,338
Shares Issued (new)6,051,690
UnderwriterIssue not underwritten.
ConsultantsValutech Pty Ltd (Technology Consultant)
AuditorRSM Bird Cameron Corporate Pty Ltd

SPA Float / IPO Performance (relative to an issue price of $0.20)

Current Price$0.02-89%
First Day Openn/an/a
First Day Highn/an/a
First Day Lown/an/a
First Day Closen/an/a
All-time High$0.49142.50%
All-time Low-100%
12-month High$0.04-79.50%
12-month Low-100%

Other floats & IPOs around the same time as Spacetalk Ltd (SPA)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
IGR ReLODE Limited 4 Jul 2001 29 Jul 2001 16 Aug 2001 $0.20 $0.50 150%
AAC Australian Agricultural Company Limited 13 Jul 2001 27 Jul 2001 10 Aug 2001 $1.00 $1.36 35.50%
AKF Big Kevs Limited 9 Jul 2001 31 Jul 2001 9 Aug 2001 $0.50 $0.06 -87.40%
FND QED Corporation Limited 24 Jul 2001 31 Jul 2001 8 Aug 2001 $0.20 $3.25 1,525%
EVM EnviroMission Limited 25 Jul 2001 6 Aug 2001 $0.20 $0.10 -50%
SGG Sage Global Fund Limited 8 Sep 2000 6 Jun 2001 6 Aug 2001 $0.50
MCC Macarthur Coal Limited 31 May 2001 20 Jun 2001 5 Jul 2001 $1.00 $16.01 1,501%
CIY City Pacific Limited 12 May 2001 12 Jun 2001 2 Jul 2001 $1.00 $0.04 -96.40%

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