Free internet service provider GoConnect made a shocking debut on the Australian Stock Exchange yesterday, with investors lopping 57 per cent off the company's value.
The listing was one of the worst seen on the local market, but fell short of matching World School's first-day fall of 71 per cent.
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Angus Grigg is an investigative reporter based in Sydney. He has worked as a foreign correpondent in China and Indonesia, and has won two Walkley Awards. Connect with Angus on Twitter. Email Angus at agrigg@afr.com