Business
Whisky maker Top Shelf’s (ASX:TSI) share price slips on IPO debut
The shares of whisky and vodka distiller Top Shelf International Holdings Ltd (ASX: TSI) made their debut on the ASX today, after an initial public offering (IPO) pricing it at $2.21.
The Top Shelf share price slipped to $2.19 inside the opening few minutes of trading, and is now trading down further to $2.12 at the time of writing.
More about the Top Shelf IPO
Top Shelf is the brainchild of former Shelf CFO, Drew Fairchild, who’s also currently sitting on the board of ASX-listed workforce management software company Damstra Holdings Ltd (ASX: DTC).
The company distils its own brands, including the flagship Ned Whisky and also Grainshaker Vodka, from its state-of-the-art $20-million Campbellfield site in Melbourne.
Top Shelf…
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