Intelligent Investor

Trade Me Group Limited (ASX: TME) - Float & IPO Details

DELISTED - Current share price for TME : $6.070

Trade Me Group Limited (TME) floated on the Australian Securities Exchange (ASX) on Tuesday, 13 December 2011. The company opened its first day of trading with a share price of $2.20 which was down 18.52% from its offer price of $2.70 per share. The first day of trading for Trade Me Group Limited on the ASX saw its share price move between a low of $2.18 and a high of $2.21, before closing at $2.20 per share which was 18.52% below its original offer price of $2.70 per share.
TME's current share price of $6.07 is a $3.37 or 124.81% premium to its original offer price of $2.70.

TME Float / IPO Details

Offer Open Date17 Nov 2011
Offer Close Date6 Dec 2011
Listing Date13 Dec 2011
Issue Price$2.70
Amount Raisedn/a
Shares Issued (new)n/a
Underwriter
Consultants
Auditor

TME Float / IPO Performance (relative to an issue price of $2.70)

Current Price$6.07124.81%
First Day Open$2.20-18.52%
First Day High$2.21-18.15%
First Day Low$2.18-19.26%
First Day Close$2.20-18.52%
All-time High$6.24131.11%
All-time Low-100%
12-month Highn/an/a
12-month Lown/an/a

Other floats & IPOs around the same time as Trade Me Group Limited (TME)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
AQO Ambassador Oil And Gas Limited 11 Nov 2011 7 Dec 2011 22 Dec 2011 $0.20 $0.28 37.50%
AQZ Alliance Aviation Services Limited 12 Dec 2011 13 Dec 2011 20 Dec 2011 $1.60 $3.07 91.88%
APC Goldphyre Resources Limited 13 Jul 2011 18 Nov 2011 20 Dec 2011 $0.20 $0.00 -98%
KPL Kina Petroleum Limited 11 Nov 2011 8 Dec 2011 19 Dec 2011 $0.20 $0.06 -71.50%
SAN Feore Limited 2 Nov 2011 6 Dec 2011 15 Dec 2011 $0.25 $0.01 -98%
KMR Kumarina Resources Limited 19 Oct 2011 16 Nov 2011 15 Dec 2011 $0.25 $0.12 -52%
AUK Titan Energy Services Limited 15 Nov 2011 28 Nov 2011 7 Dec 2011 $1.00 $0.00 -99.70%
FCG1 Precious Metal Resources Limited 3 Nov 2011 24 Nov 2011 6 Dec 2011 $0.20
EVR1 Endeavour Mining Corporation 5 Dec 2011 5 Dec 2011 6 Dec 2011
VCX Centro Retail Australia 5 Dec 2011 $1.70 $1.90 11.76%
BGH Bligh Resources Limited 7 Jun 2011 6 Oct 2011 1 Dec 2011 $0.25 $0.15 -42%
CNU Chorus Limited 21 Nov 2011 $2.27 $6.63 192.07%
CCJ County Coal Limited 19 Oct 2011 28 Oct 2011 15 Nov 2011 $0.40 $0.00 -99%
NET MyATM Holdings Limited 13 Nov 2011 $0.20 $0.00 -98.50%

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