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.
 

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