Business
Aussie Broadband lists on the ASX one week early – iTnews
After an oversubscribed $40 million IPO.
Aussie Broadband has begun trading on the Australian Securities Exchange (ASX) after raising $40 million in an oversubscribed initial public offering (IPO).
The Victorian-based internet service provider made its debut on the ASX under the ticker “ABB” on Friday, more than a week earlier than its planned October 27 commencement.
It has an initial market capitalisation of $190.3 million after offering 40 million shares at $1 apiece under the IPO, managed by stockbroking and advisory firm Shaw an…
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