Huge Rises at Brothel
May 1st 2003, 5:39 am
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Huge Rises at Brothel
Brothel shares surge
Shares in the Daily Planet have risen further, as investors flock to the world's first listed brothel.
The Daily Planet began trading on the Australian Stock Exchange at 11:00am AEST.
The stock surged to 74 cents, well above the initial float offer of 50 cents.
American madam Heidi Fleiss once jailed for money laundering and tax evasion, helped launch the listing.
Daily Planet chief executive Andrew Harris says the company first tried to list in 1994.
"I'd just like you to note the irony, a lot of people who have bought our shares have obviously got a sense of humour, having most of their first offers up there at 69 cents."
The company has plans to establish a massive sex theme park in Sydney and is also negotiating the appointment of two well known US personalities to its board.
Shares in the Daily Planet have risen further, as investors flock to the world's first listed brothel.
The Daily Planet began trading on the Australian Stock Exchange at 11:00am AEST.
The stock surged to 74 cents, well above the initial float offer of 50 cents.
American madam Heidi Fleiss once jailed for money laundering and tax evasion, helped launch the listing.
Daily Planet chief executive Andrew Harris says the company first tried to list in 1994.
"I'd just like you to note the irony, a lot of people who have bought our shares have obviously got a sense of humour, having most of their first offers up there at 69 cents."
The company has plans to establish a massive sex theme park in Sydney and is also negotiating the appointment of two well known US personalities to its board.
