IPO Watch: The average 2019 IPO is up 52 per cent
IPO Watch
IPO Watch
The average 2019 initial public offering is up 52 per cent, with six companies having more than doubled in value.
The three best-performing stocks remain the same as the last time we checked; wireless internet provider Uniti Wireless (ASX:UWL), up 468 per cent, pot stock Ecofibre (ASX:EOF), up 208 per cent, and bacteria-killing biotech Next Science (ASX:NXS), up 189 per cent.
Three more companies have also more than doubled since listing; buy-now-pay-later stock Splitit (ASX:SPT), up 183 per cent, fintech Quickfee (ASX:QFE), up 150 per cent and fund manager VGI Partners (ASX:VGI).
There’s one new company on the list, MRI medtech Imricor (ASX:IMR), which has risen 55 per cent to $1.29 since listing late last month.
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 27 | % Change to date |
---|---|---|---|---|---|
02/13/2019 | UWL | Uniti Wireless Ltd | 0.25 | 1.365 | 4.68 |
03/29/2019 | EOF | Ecofibre Ltd | 1 | 3.08 | 2.08 |
04/18/2019 | NXS | Next Science Ltd | 1 | 2.89 | 1.89 |
01/29/2019 | SPT | Splitit Payments Ltd | 0.2 | 0.565 | 1.83 |
07/11/2019 | QFE | QuickFee Ltd | 0.2 | 0.5 | 1.5 |
06/21/2019 | VGI | VGI Partners Ltd | 5.5 | 13.2 | 1.4 |
07/30/2019 | SZL | Sezzle Inc | 1.22 | 2.2 | 0.8 |
06/07/2019 | VVA | Viva Leisure Ltd | 1 | 1.7 | 0.7 |
02/22/2019 | MPH | Mediland Pharm Ltd | 0.2 | 0.32 | 0.6 |
08/22/2019 | OPC | OptiComm Ltd | 2 | 3.19 | 0.6 |
08/30/2019 | IMR | Imricor Medical Systems Inc | 0.83 | 1.29 | 0.55 |
06/14/2019 | 2BE | Tubi Pty Ltd | 0.2 | 0.31 | 0.55 |
06/12/2019 | PBH | PointsBet Holdings Pty Ltd | 2 | 2.91 | 0.46 |
07/05/2019 | IXC | Invex Therapeutics Ltd | 0.4 | 0.555 | 39% |
05/07/2019 | MRZ | Mont Royal Resources Ltd | 0.2 | 0.275 | 0.37 |
06/11/2019 | PGL | Prospa Group Ltd | 3.78 | 4.96 | 0.31 |
08/16/2019 | FCL | Fineos Corp Holdings PLC-CDI | 2.5 | 3.25 | 0.3 |
05/28/2019 | IAP | Investec stralia Property Fu | 1.32 | 1.585 | 0.2 |
06/14/2019 | VOL | Victory Offices Ltd | 2 | 2.39 | 0.2 |
04/30/2019 | PE1 | Pengana Private Equity Trust | 1.25 | 1.385 | 0.11 |
04/17/2019 | RDY | Readytech Holdings Ltd | 1.51 | 1.66 | 0.1 |
05/14/2019 | PCI | Perpetual Credit Income Trust | 1.1 | 1.155 | 0.05 |
04/29/2019 | MOT | MCP Income Opportunities Trust | 2 | 2.06 | 0.03 |
06/17/2019 | RF1 | Regal Investment Fund | 2.5 | 2.55 | 0.02 |
02/05/2019 | SPS | SEnterpriSYS Ltd | 0.1 | 0.1 | - |
02/14/2019 | A1G | African Gold Ltd | 0.2 | 0.2 | 0 |
08/27/2019 | APV | Appsvillage stralia Ltd | 0.2 | 0.19 | -0.05 |
06/06/2019 | PKS | PKS Holdings Ltd | 0.2 | 0.185 | -0.08 |
06/06/2019 | RLT | Renergen Ltd | 0.8 | 0.73 | -0.09 |
05/24/2019 | TIP | Teaminvest Private Group Ltd | 1 | 0.87 | -0.13 |
03/07/2019 | CBY | Canterbury Resources Ltd | 0.3 | 0.24 | -20% |
06/19/2019 | WSP | Whispir Ltd | 1.6 | 1.24 | -23% |
05/23/2019 | PWL | Powerwrap Ltd | 0.35 | 0.25 | -29% |
05/10/2019 | 360 | Life360 Inc | 4.79 | 3.39 | -29% |
02/19/2019 | CLB | Candy Club Holdings Ltd | 0.2 | 0.057 | -72% |
There have been no new companies preparing to list.
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 |
---|---|---|---|---|---|
Mader Group | MAD | Offer closes Sept 12; Due to list Sept 26 | Heavy equipment maintenance, rapid response and support | $50m | $1.00 |
Nemex Resources | NXR | Listing extended to Sept 30 | Gold and base metals exploration | $5m | 20c |
Osteopore | OSX | Offer closes Aug 23; Due to list Sept 19 | 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 20 | Potash | $4.5m | 20c |