Market debut IPO: ActivePort Group (ASX:ATV)

ActivePort Group Ltd has debuted on the Australian stock exchange today.

Following an IPO at 20c/share raising $12 million, shares of ActivePort fell 2.5% to $0.195/share.

An increase in listing price is a vote of confidence from the market about the future prospects of the company.

A decrease in the listing price can be interpreted in a number of ways, including whether the IPO was accurately priced.