Kingfisher takes flight 

THE latest in a long-line of Australian explorers joined the ASX today, having completed the recently familiar story of both closing an oversubscribed initial public offer and soaring on debut as investors who missed out rush into the speculative story.

Kingfisher takes flight  Kingfisher takes flight  Kingfisher takes flight  Kingfisher takes flight  Kingfisher takes flight 

Kingfisher's Adam Schofield, James Farrell, Warren Hallam, Steve Brockhurst ring the ASX bell

Kingfisher raised $6 million at 20c, and hit the bourse at 32c, peaking at 33c before closing up 47% at 29.5c, capitalising the company at $12.7 million.

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