Intelligent Investor

360 Capital REIT (ASX: TOT) - Float & IPO Details

- Current share price for TOT : $0.400

360 Capital REIT (TOT, formerly 360 Capital Total Return Fund) is a unique fund investing in various forms of real estate assets. The Fund's strategy is to invest in real estate equity and is focused on investing in a diversified portfolio of well leased, income producing commercial real estate assets across Australia and New Zealand.

360 Capital REIT (TOT) floated on the Australian Securities Exchange (ASX) on Wednesday, 22 April 2015. The company opened its first day of trading with a share price of $1.35 which was up 8% from its offer price of $1.25 per share. The first day of trading for 360 Capital REIT on the ASX saw its share price move between a low of $1.34 and a high of $1.35, before closing at $1.35 per share which was 8% above its original offer price of $1.25 per share.
TOT's current share price of $0.40 is a -$0.85 or 68% discount to its original offer price of $1.25.

TOT Float / IPO Details

Offer Open Date25 Mar 2015
Offer Close Date16 Apr 2015
Listing Date22 Apr 2015
Issue Price$1.25
Amount Raised$40,000,000
Shares Issued (new)32,000,000
Underwriter
Consultants
AuditorErnst & Young

TOT Float / IPO Performance (relative to an issue price of $1.25)

Current Price$0.40-68%
First Day Open$1.358%
First Day High$1.358%
First Day Low$1.346.80%
First Day Close$1.358%
All-time High$1.358%
All-time Low-100%
12-month High$0.77-38.40%
12-month Low-100%

Other floats & IPOs around the same time as 360 Capital REIT (TOT)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
AFG Australian Finance Group Ltd 12 May 2015 18 May 2015 22 May 2015 $1.38 $1.47 6.16%
WDE Wealth Defender Equities Limited 27 Mar 2015 5 May 2015 21 May 2015 $1.00 $0.89 -11.50%
XPD XPD Soccer Gear Group Limited 16 Mar 2015 1 May 2015 21 May 2015 $0.20 $0.01 -93.50%
IQ3 IQ3CORP Limited 24 Feb 2015 17 Apr 2015 18 May 2015 $0.30 $0.12 -60%
S32 South32 Limited 18 May 2015 $3.75
YTM Theta Asset Management Limited (ACBC) 14 May 2015
AVA Future Fibre Technologies Limited 17 Apr 2015 30 Apr 2015 11 May 2015 $0.70 $0.13 -81.79%
UBP UBS IQ MSCI Asia Apex 50 Ethical ETF 8 May 2015 $28.10
MYO MYOB Group Limited 15 Apr 2015 27 Apr 2015 4 May 2015 $3.65 $3.40 -6.85%
FPR Eclipx Group Limited 7 Apr 2015 15 Apr 2015 22 Apr 2015 $2.30 $3.43 49.13%
BBOZ Betashares Austalian Equities Strong Bear Hedge Fu 20 Apr 2015 $25.60 $2.80 -89.06%
PIQ Proteomics International Laboratories Ltd 3 Nov 2014 28 Nov 2014 16 Apr 2015 $0.20 $1.05 422.50%
RARI Russell Australian Responsible Investment ETF 8 Apr 2015 $27.65
AER Aeeris Ltd 22 Oct 2014 19 Nov 2014 1 Apr 2015 $0.25 $0.08 -67.20%
TCH Touchcorp Limited 20 Mar 2015 26 Mar 2015 31 Mar 2015 $1.40 $1.67 19.29%
GSS Genetic Signatures Limited 17 Nov 2014 12 Dec 2014 31 Mar 2015 $0.40 $0.74 85%
A2M The a2 Milk Company Limited 31 Mar 2015 $6.55
OLV Otherlevels Holdings Limited 2 Mar 2015 20 Mar 2015 31 Mar 2015 $0.20 $0.00 -98%
EXP Skydive the Beach Group Limited 26 Feb 2015 18 Mar 2015 27 Mar 2015 $0.25 $0.15 -42%

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