Starburst

Starburst: Stellar trading debut with an opening price of $0.43 (+39%) from IPO price of $0.31/share. Starburst received strong response for the 50m invitation (48m placement, 2m public) shares at $0.31 each. Notable investors in the placement tranche include Alan Wang's Asdew Acquisitions (10m) and Eastspring Investments (6m). Post-offering, Starburst will have a share capital base of 250m shares.