Original article by Chris Zappone
The Sydney Morning Herald – Page: Online : 25-Jun-25

Shaw & Partners’ head of equities Anthony Wilson says the strong demand for Virgin Australia shares bodes well for future IPOs. Virgin Australia CEO Dave Emerson notes that demand for the stock had exceeded the number of shares that were being offered via the IPO, which raised $685m. The stock ended its first day of trading on Tuesday at $3.23, compared with an issue price of $2.90. Hugh Dive from Atlas Funds Management notes that Virgin’s sharemarket debut benefited from a fall in the oil price in response to a proposed ceasefire between Israel and Iran.

CORPORATES
VIRGIN AUSTRALIA HOLDINGS LIMITED – ASX VGN, SHAW AND PARTNERS LIMITED, ATLAS FUNDS MANAGEMENT PTY LTD