Martin Aircraft (ASX:MJP) shares hit the ASX boards at 11am AEDT today, Tuesday 25th February.
The company is currently developing the Martin Jetpack, with its potential usage spanning search and rescue, military, recreational and commercial applications, both manned and unmanned.
The debut is very strong with the company trading around 57% higher at $0.69 in the first hours of public life. The company raised $27 million in a prospectus by the issue of 67.5 million shares at $0.40.
Wednesday's leading ASX % Gainers intra-day.
Company Code Last Change Volume Quickflix Ltd QFX $0.002 100% 29,260,172 Martin Aircraft MJP $0.685 55.68% 4,396,364 Zamia Metals ZGM $0.007 40% 1,069,566 MacMahon Holdings MAH $0.044 29.41% 24,968,546 New Standard Energy NSE $0.029 26.09% 171,135 Oil Basins OBL $0.005 25% 200,000 Coalspur Mines CPL $0.020 25% 4,189,459 Xero Ltd XRO $22.020 24.55% 140,924 Delecta Ltd DLC $0.006 20% 150,000 Orca Energy OGY $0.006 20% 539,956 Alchemy Resources ALY $0.025 19.05% 1,215,000
News: Martin Aircraft flies among ASX % Gainers intra-day
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