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MyDeal (ASX:MYD) share price rockets 120% higher following IPO – Motley Fool Australia
The MyDeal.com.au Limited (ASX:MYD) share price is rocketing higher following the completion of its IPO. Here’s what you need to know…
The MyDeal.com.au Limited (ASX: MYD) share price has had a sensational start to life on the Australian share market.
The online retail marketplace provider’s shares rocketed 120% higher than its IPO price of $1.00 to $2.20 this morning.
The MyDeal share price has since pulled back a touch but is still up 83% for the day to $1.83.
The MyDeal IPO.
MyDeal hit the ASX boards this morning after successfully completing its initial public offering that raised $40 million at $1.00 per share.
The $40 million…
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