ASX New Entry Share Market Australia

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ASX New Entry Share Market Australia

Written by Admin, August 31st, 2010

ASX New Entry Share Market Australia

Dulux Ltd (DLX) is a manufacturer and marketer of paint products, covering powder and protective coatings, woodcare products, and automotive refinish coatings.

DLX began trading for the first time on the share market Australia (ASX) on 12 July, with its price opening at $2.50. DLXs new entry makes it one of the markets stocks to watch.

DLX was recently demerged from Orica (ORI), with ORI shareholders receiving one DLX share for every ORI share owned.

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