How this for a stat: 25 of the 33 listings since December 1 have made gains. That’s a 75 per cent win rate.
All four stocks that have joined the bourse in 2021 are up on their listing price.
The #1 mover is Kiwi cervical cancer screening company TruScreen (ASX:TRU), up +108 per cent since its January 6 debut.
TruScreen makes a pen-like digital wand that detects signs of cervical cancer. The company says it is more accurate than conventional pap tests and delivers results within minutes, eliminating the need for a follow-up doctor’s visit.
Fellow health stock Chimeric Therapeutics (ASX:CHM) – liked by twitter stockspert Bhavdip143 — also made a strong start to listed life.
Chimeric has developed a peptide-based therapy known as CLTX-CAR T that it reckons reprograms a patient’s T cells to fight cancer cells.
Construction-focused software company Felix Group (ASX:FLX) is up 50 per cent, while gold-copper explorer Torrens Mining (ASX:TRN) is only up 10 per cent, despite popping +50 per cent on its first day.
TRU, CHM, FLX and TRN share price charts
There are seven stocks due to list on the ASX over the next couple of weeks. Here’s a quick rundown.
CODE | COMPANY | PRICE PER SHARE | CAPITAL RAISED | LISTING DATE | SECTOR |
---|
3MF | 3D Metal Forge | 0.2 | $10M | 12-Feb | Industrial |
AGC | Australian Gold & Copper | 0.2 | $10M | 20-Jan | Resources |
BEX | BikeExchange | 0.26 | $20M | 9-Feb | Tech |
EZZ | EZZ Life Science | 0.5 | $6M | 26-Feb | Health |
M24 | Mamba Exploration | 0.2 | $7M | 1-Feb | Resources |
MTR | Metal Tiger | TBD | TBD | 4-Feb | Resources |
NNG | Nexion | 0.2 | $8m | 1-Feb | Tech |
OZM | OzAurum Resources | 0.25 | $12M | 5-Feb | Resources |
5GG | Pentanet | 0.25 | $22.5M | 5-Feb | Telecommunications |
SHG | Singular Health | 0.2 | $6m | 4-Feb | Health |
WordPress Tables Plugin
AUSTRALIAN GOLD AND COPPER (ASX:AGC)
Listing Date: Wednesday, January 20
Sector: Resources
The explorer has three gold projects in the Lachlan Fold Belt of NSW. These projects will be acquired from Magmatic Resources (ASX:MAG) and privately held New South Resources, which are focused on their other large scale East Lachlan porphyry projects.
Former Magmatic founder David Richardson joins the AGC board as chairman, while managing director Glen Diemar — as chief exec of New South Resources — was responsible for identifying and developing the projects vended into AGC.
Drilling is due to kick off in January.
MAMBA EXPLORATION (ASX:M24)
Listing Date: Monday February 1
Sector: Resources
Mamba is exploring for gold, copper, and nickel in some red hot WA locations.
Its Darling Range project is a proverbial stone’s throw from Chalice Mines’ (ASX:CHN) Julimar nickel-copper-PGE discovery near Perth.
The Ashburton gold project in the Gascoyne has high grade potential, with drilling in 2010 hitting 4m at 21.5g/t beneath some old pits, Mamba says.
And managing director Mike Dunbar is proven mine finder, having discovered the +2moz Thunderbox gold mine, the +1moz Dalgaranga Mine, and the +1moz Glenburgh deposit.
What a resumé.
NEXION (ASX:NNG)
Listing Date: Monday February 1
Sector: Tech
NEXION is a data storage and network security company.
Despite recording a $1.2m loss in FY20, NEXION has experienced +69 per cent revenue growth from FY19 to FY20.
“And the typical contracts for NEXION OneCloud services are written for an average of 36 months,” it says.
“Customer turnover is therefore very low and renewal ratios are very high.”
SINGULAR HEALTH (ASX:SHG)
Listing Date: Thursday February 4
Sector: Biotech
Singular’s tech renders your dilapidated organs into 3D or VR for medical students and professionals.
The company says flagship product MedVR “has been commercialised, is generating revenue and is used by medical practitioners, medical students, hospitals and universities locally and internationally including in Brunei, Singapore, South Africa, Hong Kong and Switzerland”.
METAL TIGER (ASX:MTR)
Listing Date: Thursday February 4
Sector: Resources
Soon-to-be dual-listed stock Metal Tiger invests in “high potential” explorers and miners.
The majority of its investments are listed on AIM, the TSX and the ASX, and include Sandfire Resources (ASX: SFR), Catalyst Metals (ASX:CYL), Southern Gold (ASX:SAU), Thor Mining (ASX:THR) and Cobre (ASX:CBE).
OZAURUM RESOURCES (ASX:OZM)
Listing Date: Friday February 5
Sector: Resources
OzAurum holds a couple of advanced gold projects, Mulgabbie and Patricia, in a +30-million-oz (Moz) gold province near Kalgoorlie in WA.
Managing director Andrew Pumphrey and associates have apparently spent the last +30 years securing these tenements.
OzAurum plans to launch a ~120,000m drilling blitz to (hopefully) define a resource of more than 1moz.
PENTANET (ASX:5GG)
Listing Date: Friday February 5
Sector: Telecommunications
The telco sector which has seen several well performing IPOs in recent years including Aussie Broadband (ASX:ABB), Uniti (ASX:UWL) and OptiComm (ASX:OPC).
WA based Pentanet is a residential NBN provider like Aussie Broadband, which is up 135 per cent since IPO.
You might be interested in