Tech and pot IPOs are still running hot with investors months after lighting up the boards.

Wireless internet provider Uniti Wireless (ASX:UWL) is hanging tight to its top spot after knocking off buy now, pay later stock Splitit, which was at one point a 10-bagger after reaching $2.

Uniti is up 456 per cent since listing in mid-February and is trading around $1.41.

Pot stock Ecofibre (ASX:EOF) has jumped 201 per cent to $2.95 and bacteria-killing biotech Next Science (ASX:NXS) takes out third spot with a 181 per cent gain to trade at $2.72.

Splitit is now number five on the list with a 140 per cent jump to 47.5c.

July debutantes buy now, pay later stocks Sezzle (ASX:SZL) and QuickFee (ASX:QFE), and Andrew “Twiggy” Forrest-backed biotech Invex Therapeutics (ASX:IXC) are also in the top 10 for gains.

Here’s a performance rundown of this year’s ASX entrants:

Scroll or swipe to reveal table. Click headings to sort.

Listing Date ASX Code Company IPO Price Price Aug 13 (Intra-Day) % Change to date
02/13/2019 UWL Uniti Wireless 0.25 1.41 4.56
03/29/2019 EOF Ecofibre 1 2.95 2.01
04/18/2019 NXS Next Science 1 2.72 1.81
06/21/2019 VGI VGI Partners 5.5 14.4 1.618181763
01/29/2019 SPT Splitit Payments 0.2 0.475 1.4
07/30/2019 SZL Sezzle 1.22 2.21 0.8524589539
07/05/2019 IXC Invex Therapeutics 0.4 0.7 0.825
07/11/2019 QFE QuickFee 0.2 0.325 0.725
02/22/2019 MPH Mediland Pharm 0.2 0.33 0.65
06/14/2019 2BE Tubi Pty 0.2 0.32 0.65
06/12/2019 PBH PointsBet Holdings Pty 2 3.18 0.61
05/07/2019 MRZ Mont Royal Resources 0.2 0.28 0.3499999619
05/28/2019 IAP Investec Australia Property Fund 1.32 1.54 0.1666666222
04/17/2019 RDY Readytech Holdings 1.51 1.75 0.1556291485
06/11/2019 PGL Prospa Group 3.78 4.3 0.1375661469
04/30/2019 PE1 Pengana Private Equity Trust 1.25 1.37 0.1080000019
06/07/2019 VVA Viva Leisure 1 1.1 0.1
05/14/2019 PCI Perpetual Credit Income Trust 1.1 1.15 0.04545452118
04/29/2019 MOT MCP Income Opportunities Trust 2 2.07 0.035
06/14/2019 VOL Victory Offices 2 2.05 0.025
06/17/2019 RF1 Regal Investment Fund 2.5 2.56 0.02400000095
06/06/2019 PKS PKS Holdings 0.2 0.19 -0.05000001431
06/06/2019 RLT Renergen 0.8 0.76 -0.05000001431
06/19/2019 WSP Whispir 1.6 1.365 -0.1437500095
03/07/2019 CBY Canterbury Resources 0.3 0.255 -0.1500000381
02/14/2019 A1G African Gold 0.2 0.155 -0.2250000191
05/10/2019 360 Life360 Inc 4.79 3.65 -0.2379958153
05/23/2019 PWL Powerwrap 0.35 0.22 -0.371428566
02/19/2019 CLB Candy Club Holdings 0.2 0.07 -0.65
Wordpress Table Plugin

US-based Imricor Medical Systems (ASX:IMR) has joined the line-up of ASX hopefuls.

The company has launched an IPO and concurrent US private placement offering CHESS Depository interests (CDIs) priced at 83c each to raise between $12m and $13m.

CDIs are a proxy for trading foreign shares on the ASX.

Imricor’s goal is to be the first company in the world to bring commercially viable and safe MRI-compatible products to the cardiac catheter ablation market.

Catheter ablation is a procedure that uses radiofrequency energy (similar to microwave heat) to destroy a small area of heart tissue that is causing rapid and irregular heartbeats.

This helps restore the heart’s regular rhythm.

Imricor is in the final stages of securing regulatory approval to sell its products, including the Vision-MR Ablation Catheter, in Europe.

The company also expects to obtain regulatory approval to market its products in Australia within 12 to 24 months after gaining European approval.

Imricor’s IPO closes on August 26, with listing pencilled in for September 5.

Tartana Resources (ASX:TNA), meanwhile, has extended its IPO until August 14, with listing now scheduled for August 30.

The company was formerly Riverside Energy, a UK-based coal explorer. But following a $40.4m cash injection from private equity firm EMR Capital, Tartana de-merged the coal project into private British company West Cumbria Mining.

Now it’s looking to tap Australian investors to pursue its new goal of becoming a “significant copper-zinc company”.

Here’s a list of upcoming IPOs:

Scroll or swipe to reveal table. Click headings to sort.

Company ASX code IPO status Focus Fund raising Issue price
AppsVillage Australia APV Was due to list July 23 Software-as-a-Service company $6m 20c
Australian Nutrition & Sports AN1 Withdrawn Dairy formula $5-$8m 20c
FINEOS Corp FCL Due to list Aug 16 Software for the Life, Accident and Health insurance industry $211m $2.50
Imricor Medical Systems IMR Offer closes Aug 26; Due to list Aug 30 Developer of MRI-compatible medical devices for cardiac catheter ablation procedures $13m 20c
Nemex Resources NXR Listing extended to Sept 30 Gold and base metals exploration $5m 20c
OptiComm OPC Due to list Aug 22 Licensed carrier & wholesale network infrastructure operator $42.4m $2
Osteopore OSX Offer closes Aug 23; Due to list Sept 9 3D printed scaffolding $5.25m 20c
SRJ Technologies Seed raising; Targeting listing in Q4 2019 Pipe repair and replacement products $5m
Tartana Resources TNA Offer extended to Aug 13; Due to list Aug 30 Copper and zinc exploration $6m 20c
Trigg Mining TMG Offer extended to Aug 26; Due to list Sept 9 Potash $4.5m 20c
Wordpress Table Plugin

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Any documents linked or referred to in this article were not selected, modified or otherwise controlled by Stockhead.

Stockhead has not provided, endorsed or otherwise assumed responsibility for any financial product advice contained in the documents linked or referred to in this article.

Featured Companies

You might be interested in