IPO Watch: These are the top ASX debutantes of 2019
IPO Watch
Telecommunications company Uniti Group (ASX:UWL) has topped the list of companies making their debut in 2019 with a whopping 500 per cent gain since listing.
The internet service provider’s share price hit $1.50 last Friday to give it a $480m market capitalisation.
Since listing in mid-February following a $13m capital raising, Uniti has increased its 25c offer price five times over.
Uniti is joined by two other companies on the winners podium this year — 3D surgical implants printer Osteopore (ASX:OSX) and shared biller Splitit Payments (ASX:SPT).
Earning itself silver in the top gainers, medtech Osteopore was up 283 per cent to 76.5c on Friday, compared to its 20c offer price.
Taking out the bronze, fintech Splitit added 244 per cent to close last week out at 68.75c.
On top of their overall best performances in 2019, Osteopore and Splitit both had top five first-day debuts. Osteopore made the best first impression on investors, while Splitit came in at number five.
The other three that had a top-five first-day performance this year were Andrew-Forrest favourite Invex Therapeutics (ASX:IVX), which came in second, QuickFee (ASX:QFE) at number three and Amaero International (ASX:3DA) fourth spot.
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Newcomer Aerometrex (ASX:AMX) listed in the past fortnight and is currently sixth on the best first-day list.
The mapping company has made number 10 on our gainers list, sitting 97 per cent higher at $1.97 by the end of last week.
Sixty-one companies have listed so far this year. Thirty-seven, or 61 per cent, have made positive gains since then.
Only two debutantes are at their offer prices – junior companies Elanor Commercial Property Fund (ASX:ECF) and Godolphin Resources (ASX:GRL).
Another 22 companies, or 36 per cent, have lost ground since listing.
Among these are subscription sweets company Candy Club Holdings (ASX:CLB), potash explorer Trigg Mining (ASX:TMG) and medicinal cannabis products company Cronos Australia (ASX:CAU).
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Candy Club witnessed the most losses, falling 69 per cent to 6.2c. Trigg slid 60 per cent to 8c, while Cronos wiped off 57 per cent to end last week at 21.5c.
Here’s how 2019’s debutantes* performed:
Scroll or swipe to reveal table. Click headings to sort:
Listing Date | ASX Code | Company | IPO ($M) | IPO Price | Closing Price Dec 20 | Price Change | % Change |
---|---|---|---|---|---|---|---|
02/13/2019 | UWL | Uniti Group | 13 | 0.25 | 1.5 | 1.25 | 500 |
09/23/2019 | OSX | Osteopore | 5 | 0.2 | 0.765 | 0.565 | 283 |
01/29/2019 | SPT | Splitit Payments | 12 | 0.2 | 0.6875 | 0.4875 | 244 |
06/07/2019 | VVA | Viva Leisure | 20 | 1 | 2.86 | 1.86 | 186 |
03/29/2019 | EOF | Ecofibre | 20 | 1 | 2.7 | 1.7 | 170 |
06/12/2019 | PBH | PointsBet Holdings Pty | 75 | 2 | 4.6 | 2.6 | 130 |
07/05/2019 | IXC | Invex Therapeutics | 12 | 0.4 | 0.9 | 0.5 | 125 |
06/21/2019 | VGI | VGI Partners | 75 | 5.5 | 12.35 | 6.85 | 125 |
08/22/2019 | OPC | OptiComm | 42 | 2 | 4.11 | 2.11 | 106 |
12/10/2019 | AMX | Aerometrex | 25 | 1 | 1.97 | 0.97 | 97 |
04/18/2019 | NXS | Next Science | 35 | 1 | 1.85 | 0.85 | 85 |
12/06/2019 | 3DA | Amaero International | 8 | 0.2 | 0.36 | 0.16 | 80 |
06/06/2019 | RLT | Renergen | 10 | 0.8 | 1.4 | 0.6 | 75 |
07/30/2019 | SZL | Sezzle Inc | 44 | 1.22 | 2.12 | 0.9 | 74 |
07/11/2019 | QFE | QuickFee | 14 | 0.2 | 0.345 | 0.145 | 73 |
11/29/2019 | CBR | Carbon Revolution | 90 | 2.6 | 3.95 | 1.35 | 52 |
12/09/2019 | NUC | Nuchev | 49 | 2.6 | 3.53 | 0.93 | 36 |
02/22/2019 | MPH | Mediland Pharm | 13 | 0.2 | 0.27 | 0.07 | 35 |
08/30/2019 | IMR | Imricor Medical Systems | 13 | 0.83 | 1.095 | 0.265 | 32 |
12/06/2019 | TYR | Tyro Payments | 287 | 2.75 | 3.58 | 0.83 | 30 |
04/30/2019 | PE1 | Pengana Private Equity Trust | 157 | 1.25 | 1.605 | 0.355 | 28 |
05/07/2019 | MRZ | Mont Royal Resources | 5 | 0.2 | 0.25 | 0.05 | 25 |
10/14/2019 | HMC | Home Consortium | 325 | 3.35 | 3.9 | 0.55 | 16 |
12/12/2019 | MME | MoneyMe | 45 | 1.25 | 1.45 | 0.2 | 16 |
05/28/2019 | IAP | Investec Australia Property Fund | 102 | 1.32 | 1.51 | 0.19 | 14 |
11/08/2019 | PWG | Primewest Group | 100 | 1 | 1.14 | 0.14 | 14 |
12/06/2019 | MIO | Macarthur Minerals | 5 | 0.25 | 0.28 | 0.03 | 12 |
04/17/2019 | RDY | ReadyTech Holdings | 50 | 1.51 | 1.69 | 0.18 | 12 |
10/11/2019 | MHH | Magellan High Conviction Trust | 862 | 1.5 | 1.65 | 0.15 | 10 |
10/16/2019 | DTC | Damstra Holdings | 49 | 0.9 | 0.985 | 0.085 | 9 |
10/01/2019 | MAD | Mader Group | 50 | 1 | 1.08 | 0.08 | 8 |
08/16/2019 | FCL | Fineos Corp Holdings | 211 | 2.5 | 2.67 | 0.17 | 7 |
08/27/2019 | APV | Appsvillage Australia | 5 | 0.2 | 0.21 | 0.01 | 5 |
06/17/2019 | RF1 | Regal Investment Fund | 282 | 2.5 | 2.6 | 0.1 | 4 |
04/29/2019 | MOT | MCP Income Opportunities Trust | 300 | 2 | 2.075 | 0.075 | 4 |
09/26/2019 | PGG | Partners Group Global Income Fund | 550 | 2 | 2.06 | 0.06 | 3 |
05/14/2019 | PCI | Perpetual Credit Income Trust | 440 | 1.1 | 1.125 | 0.025 | 2 |
12/06/2019 | ECF | Elanor Commercial Property Fund | 174 | 1.25 | 1.25 | 0 | 0 |
12/18/2019 | GRL | Godolphin Resources | 7 | 0.2 | 0.2 | 0 | 0 |
11/21/2019 | KKC | KKR Credit Income Fund | 925 | 2.5 | 2.46 | -0.04 | -2 |
06/19/2019 | WSP | Whispir | 47 | 1.6 | 1.57 | -0.03 | -2 |
12/11/2019 | NTO | Nitro Software | 110 | 1.72 | 1.625 | -0.095 | -6 |
12/17/2019 | FFL | Founders First | 16 | 0.5 | 0.47 | -0.03 | -6 |
11/13/2019 | VG8 | VGI Partners Asian Investments | 557 | 2.5 | 2.31 | -0.19 | -8 |
06/14/2019 | VOL | Victory Offices | 30 | 2 | 1.8 | -0.2 | -10 |
12/11/2019 | M8S | M8 Sustainable | 20 | 0.2 | 0.18 | -0.02 | -10 |
10/31/2019 | TDI | 360 Capital Digital Infrastructure | 65 | 2 | 1.74 | -0.26 | -13 |
06/06/2019 | PKS | PKS Holdings | 16 | 0.2 | 0.17 | -0.03 | -15 |
02/14/2019 | A1G | African Gold | 5 | 0.2 | 0.17 | -0.03 | -15 |
05/24/2019 | TIP | Teaminvest Private Group | 4 | 1 | 0.81 | -0.19 | -19 |
12/12/2019 | OLL | OpenLearning | 8 | 0.2 | 0.16 | -0.04 | -20 |
12/16/2019 | OPY | Openpay Group | 50 | 1.6 | 1.24 | -0.36 | -23 |
12/11/2019 | TGH | Terragen Holdings | 20 | 0.25 | 0.18 | -0.07 | -28 |
06/14/2019 | 2BE | Tubi | 6 | 0.2 | 0.13 | -0.07 | -35 |
05/10/2019 | 360 | Life360 | 145 | 4.79 | 3 | -1.79 | -37 |
03/07/2019 | CBY | Canterbury Resources | 6 | 0.3 | 0.185 | -0.115 | -38 |
05/23/2019 | PWL | Powerwrap | 17 | 0.35 | 0.2 | -0.15 | -43 |
06/11/2019 | PGL | Prospa Group | 110 | 3.78 | 1.68 | -2.1 | -56 |
11/07/2019 | C | Cronos Australia | 20 | 0.5 | 0.215 | -0.285 | -57 |
10/03/2019 | TMG | Trigg Mining | 5 | 0.2 | 0.08 | -0.12 | -60 |
02/19/2019 | CLB | Candy Club Holdings | 5 | 0.2 | 0.062 | -0.138 | -69 |