APOLLO GAINS 30 PER CENT IN FIRST DAY ON ASX

APOLLO GAINS 30 PER CENT IN FIRST DAY ON ASX

APOLLO Tourism and Leisure (ASX: ATL) has made a solid start to its days as a listed company, trading up 34 per cent early this afternoon.

The Brisbane-based company's shares are trading at $1.34 per share, after listing at $1.

The price gives the company a market cap of around $190 million.

A notable entry on the top 20 shareholders list is Corporate Travel Management (ASX: CTM) founder, Jamie Pherous, who owns 128,000 shares.

Apollo manufactures motorhomes in Brisbane, and rents and sells them in the United States, Australia and New Zealand.
 

Get our daily business news

Sign up to our free email news updates.

 
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

‘Heat of the moment’: The Star’s chair regrets inflammatory texts with CEO

‘Heat of the moment’: The Star’s chair regrets inflammatory texts with CEO

The Star Entertainment Group’s (ASX: SGR) executive chairman ...

Vastly bigger than the Black Summer: 84 million hectares of northern Australia burned in 2023

Vastly bigger than the Black Summer: 84 million hectares of northern Australia burned in 2023

It may come as a surprise to hear 2023 was Australia’s bigges...

Crown retains NSW casino licence after regaining trust of regulator

Crown retains NSW casino licence after regaining trust of regulator

Crown Resorts has regained the trust of the NSW regulator which tod...

Housing disaster to "get quite a lot worse before it gets better", says Deloitte Access Economics

Housing disaster to "get quite a lot worse before it gets better", says Deloitte Access Economics

Deloitte Access Economics is forecasting a "more promising&quo...