debut
DuluxGroup (ASX:DLX), a paint , adhesive and garden care products supplier, debut on the Australian stock exchange yesterday, opening trading at $2.50 and closing the day at $2.54. DuluxGroup was demerged from Orica last week, whose stock price opened at $23.64. $23.64+$2.50 = $26.14: 46 cents above Orica’s final closing price of $25.68, when both companies were still tied together.
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