MARKETS

SRJ shares rise 50% on IPO as Mitsui takes position

SRJ Technologies rang the bell on the Australian Securities Exchange today, listing at a price of 50c per share which had risen to 77.5cps by mid-afternoon trading.

Helen Clark

CEO Alex Wood

Japanese conglomerate Mitsui has taken a stake of one million shares and the directors took a combined $500,000 of the $8 million placement. Mick Doohan and Eddie Jordan are part of that stake,...

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