NauticAWT 's IPO 6.1 times oversubscribed, opens 75% higher in Catalist debut

NauticAWT 's IPO 6.1 times oversubscribed, opens 75% higher in Catalist debut

Visual from the company website

Oil and gas engineering firm NauticAWT’s shares surged as the company made its Catalist debut Thursday. Its shares opened at $0.35 today, 75 per cent up from the offer price, and as of 16.10 (SG) time, it was trading at $0.31, up 55 per cent.

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