SYDNEY, Nov 16 (Reuters) - Australian luxury car dealer Autosports Group ASG.AX saw its shares debut at a 10 percent premium to their issue price on Wednesday after raising A$160 million ($121 million) in an initial public offering.
The shares first traded at A$2.65, compared to their A$2.40 issue price, while the broader Australian sharemarket was flat.
($1 = 1.3242 Australian dollars)