▁Australian ▁Fin an cial ▁Review ▁as ▁" one ▁of ▁the ▁best - perform ing ▁initial ▁public ▁offers ▁of ▁the ▁year ". ▁List ing ▁on ▁the ▁Australian ▁Stock ▁Exchange ▁( AS X ) ▁on ▁ 5 ▁August ▁ 2 0 1 4 , ▁Bell amy ' s ▁Australia ▁Limited ▁( B AL ) ▁shares ▁were ▁" quick ly ▁emb rac ed ▁by ▁invest ors ", ▁sur ging ▁in ▁value ▁as ▁much ▁as ▁ 3 4 % ▁in ▁the ▁first ▁day ▁of ▁trad ing . ▁ ▁Descri bed ▁by ▁stock ▁anal yst s ▁as ▁an ▁" out standing ▁success ", ▁prices ▁rose ▁to ▁a ▁high ▁of ▁$ 1 . 3 4 , ▁before ▁closing ▁ 3 0 . 1 % ▁above ▁the ▁$ 1 ▁offer ▁price ▁at ▁$ 1 . 3 1 , ▁giving ▁the ▁company ▁a ▁market ▁capital isation ▁of ▁$ 1 2 4 ▁million . ▁▁ ▁The ▁issue ▁price ▁has ▁val ued ▁the ▁company ▁at ▁ 1 9 - times ▁forward ▁ear nings ▁for ▁Fin an cial ▁Year ▁ 2 0 1 5 , ▁with ▁an ▁indic ative ▁divid end ▁of ▁ 1 . 6 %. ▁ ▁Share ▁prices ▁remained ▁strong ▁in ▁the ▁following ▁week ' s ▁trad ing ▁with ▁a ▁mid - week ▁high ▁of ▁$ 1 . 4 7 ▁sett ling ▁to ▁$ 1 . 3 9 ▁at ▁closing ▁on ▁Friday ▁ 1 5 ▁August . ▁ ▁Awards ▁and ▁recognition ▁ ▁The ▁company ' s ▁expansion ▁into ▁the ▁Chinese ▁market ▁and ▁associated ▁rapid ▁growth ▁have ▁gar ner ed ▁significant ▁attention ▁within