IPO Watch: 3D Metal Forge gains 45pc on ASX debut
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3D Metal Forge (ASX:3MF) has become the latest ASX IPO to perform well on debut in 2021.
3D Metal Forge raised $10 million at 20 cents per share under its IPO offering. Upon debut shares rose to 29 cents – a 45 per cent premium.
3D Metal Forge is above average among ASX IPOs with the average gain currently 42 per cent.
Having gained 45 per cent, 3D Metal Forge takes 5th spot among 2021 IPOs.
3D Metal Forge will be joined by several other IPOs in the days and weeks ahead.
Hitting the bourse at 11am tomorrow is EZZ Life Science Holdings (ASX:EZZ) which is a wholesale consumer wellness products company.
Following on Friday is New Zealand based meal kit deliverer My Food Bag (ASX:MFB).
Despite the recent under performance of recent resources IPOs, there are at least 8 in the pipeline for the next few weeks.
But the most biggest by market cap, and undoubtedly the most anticipated, is gig economy platform Airtasker (ASX:ART) which is down for March 22.