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Strong Apollo ASX debut helped by cashed-up grey nomads

Simon Evans
Simon EvansSenior reporter
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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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    Original URL: https://www.afr.com/business/tourism/strong-apollo-asx-debut-helped-by-cashedup-grey-nomads-20161103-gshepq