Smiles Inclusive debuts on the ASX above issue price

The third dental surgery company to list on the ASX is shaping up to be the most aggressive, with Smiles Inclusive managing director Mike Timoney aiming to double the number of outlets under its control to 100 by this time next year.

Parent company Smiles Inclusive, which operates the Totally Smiles brand, made a solid debut on the ASX on Friday after raising $35 million in a public float where the shares were issued at $1. It opened at $1.15 before settling back between $1.08 and $1.10 in early trading.