Friday May 2, 11:45 AM Daily Planet shares continue to rise Shares in newly listed Melbourne brothel The Daily Planet continued to soar Friday morning after a spectacular debut on the Australian Stock Exchange yesterday. Shares in the world's only listed bordello closed at $1.09 on Thursday after shareholders bought in at 50 cents per share on initial public offering. Just minutes after the exchange opened on Friday, punters pushed it up 60.5 per cent, or 67 cents, to $1.80 by 10:08 AEST. Leisure and tourism analysts were reluctant to comment publicly on the stock but one said the publicity the Daily Planet has received recently has helped attract investors. He said with ex-Hollywood madam Heidi Fleiss in town to support it, the exuberance is taking the people along with it. The stock climaxed at $2.05 Friday morning before easing to $1.75 at 1023 AEST, a 60.5 per cent or 66 cent surge Link ------------------ The Daily Planet was right near my old high school, everyone in Melbourne knows about it! So, who here would buy shares in The Daily Planet?
This is hilarious. I remember some of my friends who still work in investment banking sent me the prospectus for this offering. It had a ton of nudity in it. I couldn't believe they were taking it public, but it sounds like a success! Good for them.