Strong Apollo ASX debut helped by cashed-up grey nomads
Simon EvansSenior reporter
Updated
There are no wheel spins in the car park with one of the company's motorhomes planned by Apollo Tourism and Leisure chief executive Luke Trouchet, after the company made a strong debut on the ASX on Friday.
Mr Trouchet said it was "humbling" to see the support from investors for the company, which has a total of 3000 vehicles in its fleet across Australia, New Zealand and the US and raised $50 million in an initial public offering, and celebrations would be modest.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
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