Wotif

Wotif.com Holdings (WTF)

Stock Code

WTF

Stock Exchange

ax

Wotif.com Holdings (WTF) is an online travel agency providing online accommodation booking services to in excess of 45 countries worldwide with a primary focus on Australia and New Zealand. Every month more than 205,000 bookings are made through Company’s website. Wotif.com Holdings listed on the ASX on 2nd June, 2006. The Company operates through its offices in Australia, Canada, Malaysia, New Zealand, Singapore and the United Kingdom, with its head office located in Brisbane.

Wotif.com Gains a Massive 66% after the First Day’s Trade on ASX


Wotif.com is a successful "last minute" online accommodation website that listed on the Australian Stock Exchange (ASX) last Friday opening strongly at $3.06, up $1.06 compared to the $2 issue price from the $172 million initial public offer (IPO). The share price closed the first days' trade at $3.32 - 66 per cent above the IPO price with almost 39 million shares traded. With the share price soaring, the market capitalization is now at $674 million. Also note that the original shareholders still hold 58 per cent of the company.

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