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Bravura Solutions slumps on ASX debut

Yolanda Redrup
Yolanda RedrupRich List Editor
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Wealth management software firm Bravura Solutions has blamed general market volatility in the aftermath of Donald Trump's US election victory as the cause for the firm's shaky start to life on the ASX.

The company ended the day 13.9 per cent lower at $1.25, after already being forced to downsize its capital raising and lower its issue price from a range of $1.68-$2.47 to $1.45.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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    Original URL: https://www.afr.com/technology/enterprise-it/bravura-solutions-slumps-on-asx-debut-20161116-gsqfmt