Original article by Simon Evans
The Australian Financial Review – Page: 25 & 30 : 17-Sep-15
Shares in Vitaco closed at $A2.38 on 16 September 2015, after listing on the Australian sharemarket at $A2.50. The vitamins and sports nutrition group’s shares reached an intra-day high of $A2.59, compared with an issue price of $A2.10 in an IPO that raised $A232m. Vitaco anticipates strong growth in demand for vitamins in China, which currently accounts for about eight per cent of group sales. Rival Blackmores has also benefited from rising demand in China, with its shares closing at $A130 after peaking at $A132.99.
CORPORATES
VITACO HOLDINGS LIMITED – ASX VIT, BLACKMORES LIMITED – ASX BKL, NEXT CAPITAL PTY LTD, HEALTHERIES OF NEW ZEALAND LIMITED, NUTRA-LIFE HEALTH AND FITNESS AUSTRALIA PTY LTD, ALIBABA GROUP HOLDING LIMITED, SWISSE WELLNESS PTY LTD, BODYTRIM, MUSASHI PTY LTD, AUSSIE BODIES PTY LTD, JB HI-FI LIMITED – ASX JBH