The best performing IPO sector 2021 is...health (Image: via Getty)
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2021’s list of ASX IPOs, now standing at over 80, has returned an average of 11% but two best sectors are performing better than that.
The best performing sector is health and life sciences space with an average gain of 27% while resources has gained 15.9%.
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| Code | Company | Listing Price | Price (12pm 15-July) | % | MktCap | Sector |
|---|---|---|---|---|---|---|
| TRU | Truscreen | 0.065 | 0.066 | 2 | $23.9M | Health |
| TRN | Torrens Mining | 0.2 | 0.22 | 10 | $15.3M | Resources |
| CHM | Chimeric Therapeutics | 0.2 | 0.325 | 63 | $64.0M | Health |
| FLX | Felix Group | 0.3 | 0.28 | -7 | $29.7M | Tech |
| AGC | Australian Gold & Copper | 0.2 | 0.15 | -25 | $10.0M | Resources |
| 5GG | Pentanet | 0.25 | 0.68 | 172 | $134.0M | Tech |
| M24 | Mamba Exploration | 0.2 | 0.195 | -3 | $7.2M | Resources |
| OZM | OzAurum Resources | 0.25 | 0.13 | -48 | $6.5M | Resources |
| BEX | Bike Exchange | 0.26 | 0.22 | -15 | $30.3M | Tech |
| MFB | My Food Bag | 1.85 | 1.25 | -33 | $303M | Consumer |
| 3MF | 3D Metalforge | 0.2 | 0.145 | -28 | $13.9M | Industrial |
| EZZ | EZZ Life Science | 0.5 | 0.455 | -9 | $5.4M | Consumer |
| NNG | Nexion | 0.2 | 0.18 | -10 | $11.5M | Tech |
| SHG | Singular Health | 0.2 | 0.29 | 45 | $17.1M | Health |
| DDH | DDH Drill | 1.1 | 1.1 | 0 | $379.0M | Industrial |
| GEN | Genmin | 0.34 | 0.19 | -44 | $53.6M | Resources |
| BMO | Baston Minerals | 0.2 | 0.175 | -12 | $10.0M | Resources |
| AWJ | Auric Mining | 0.25 | 0.15 | -40 | $6.6M | Resources |
| MM8 | Medallion Metals | 0.2 | 0.275 | 38 | $22.7M | Resources |
| ART | Airtasker | 0.65 | 1.07 | 65 | $445.0M | Tech |
| MPA | Mad Paws | 0.2 | 0.185 | -8 | $36.5M | Tech |
| KCC | Kincora Copper | 0.2 | 0.285 | 43 | $20.8M | Resources |
| PGD | Peregrine Gold | 0.2 | 0.44 | 120 | $12.3M | Resources |
| LGL | Lynch Group | 3.6 | 3.63 | 1 | $442.0M | Industrial |
| TG1 | TechGen Metals | 0.2 | 0.22 | 10 | $8.0M | Resources |
| DEL | Delorean | 0.2 | 0.195 | -3 | $36.7M | Energy |
| ILA | Island Pharmaceuticals | 0.2 | 0.325 | 63 | $14.0M | Health |
| PHL | Propell | 0.2 | 0.125 | -38 | $10.2M | Tech |
| ICL | Iceni Gold | 0.2 | 0.165 | -18 | $18.8M | Resources |
| FRB | Firebird Meta | 0.2 | 0.625 | 213 | $32.6M | Resources |
| LFS | Latitude Group | 2.6 | 2.42 | -7 | $2.4B | Financial |
| PWR | Peter Warren | 2.9 | 3.45 | 19 | $561.0M | Consumer |
| MKL | Mighty Kingdom | 0.3 | 0.185 | -38 | $18.7M | Tech |
| MLG | MLG | 1 | 0.875 | -13 | $128.0M | Resources |
| BCA | Black Canyon | 0.2 | 0.275 | 38 | $8.9M | Resources |
| ALB | Albion Resources | 0.2 | 0.175 | -13 | $4.9M | Resources |
| QML | Qmines | 0.2 | 0.35 | 75 | $16.7M | Resources |
| GL1 | Global Lithium | 0.2 | 0.255 | 28 | $23.1M | Resources |
| NKL | Nickelx | 0.2 | 0.19 | -5 | $10.2M | Resources |
| HMI | Hiremii | 0.2 | 0.095 | -52 | $5.9M | Tech |
| EPX | EPT Global | 0.2 | 0.18 | -10 | $20.9M | Tech |
| A8G | Austalasian Gold | 0.2 | 0.15 | -25 | $4.8M | Resources |
| DGL | DGL Group | 1.21 | 1.31 | 8 | $337.0M | Industrial |
| PPM | Pepper Money | 2.89 | 2.54 | -12 | $1.1B | Financial |
| AUA | Audeara | 0.2 | 0.11 | -45 | $7.0M | Tech |
| JNO | Juno | 0.25 | 0.25 | 0 | $32.2M | Resources |
| ACL | Au Clinical Labs | 4 | 3.56 | -11 | $706.0M | Health |
| KED | Keypath Education | 3.71 | 3.42 | 8 | $712.0M | Tech |
| TRJ | Trajan | 1.7 | 2.38 | 40 | $303.0M | Health |
| FOS | FOS Capital | 0.25 | 0.235 | -6 | $2.7M | Industrial |
| AGN | Argenica Theraprutics | 0.2 | 0.22 | 10 | $9.9M | Health |
| SB2 | Salter Brothers | 1 | 0.965 | -3 | $91.1M | Financial |
| LM8 | Lunnon Metals | 0.3 | 0.44 | 46 | $33.7M | Resources |
| HIQ | HitIQ | 0.2 | 0.2 | 0 | $22.0M | Tech |
| FG1 | Flynn Gold | 0.2 | 0.155 | -23 | $9.3M | Resources |
| CDR | Codrus Minerals | 0.2 | 0.2 | 0 | $8.0M | Resources |
| AM7 | Arcadia Minerals | 0.2 | 0.175 | -13 | $6.0M | Resources |
| BGD | Barton Gold | 0.25 | 0.21 | -16 | $18.9M | Resources |
| WAR | WAM Strategic Value | 1.25 | 1.325 | 6 | $239.0M | Financial |
| CHL | Campify | 1.42 | 1.31 | -8 | $35.9M | Tech |
| POL | Polymetals Resources | 0.2 | 0.16 | -20 | $6.2M | Resources |
| AR3 | Aust Rare | 0.3 | 0.69 | 130 | $30.9M | Resources |
| 29M | 29Metals | 2 | 2.21 | 21 | $1.1B | Resources |
| PEX | Pexa | 17.13 | 17.18 | 0 | $3.0B | Tech |
| NXG | Nex Gen Energy | 5.6 | 5.3 | -6 | $2.2M | Energy |
| BBT | Bluebet | 1.14 | 1.7 | 49 | $346.0M | Consumer |
| LDR | Lode Resources | 0.2 | 0.18 | -10 | $6.5M | Resources |
| TBN | Tamboran Resources | 0.4 | 0.345 | -14 | $139.0M | Resources |
| OZZ | Ozz Resources | 0.2 | 0.155 | -23 | $4.2M | Resources |
| LDX | Lumos Diagnostics | 1.25 | 1.28 | 2 | $189.0M | Health |
| MMG | Monger Gold | 0.2 | 0.25 | 25 | $6.0M | Resources |
| BTN | Butn | 0.5 | 0.5 | 0 | $32.5M | Tech |
| AS2 | Askari Metals | 0.2 | 0.21 | 5 | $6.2M | Resources |
| PGO | Pac Gold | 0.25 | 0.27 | 8 | $8.1M | Resources |
| LKY | Locksley Resources | 0.2 | 0.21 | 5 | $5.8M | Resources |
| BUR | Burley Minerals | 0.2 | 0.35 | 75 | $12.0M | Resources |
| SLH | Silk Logistics | 2 | 2.38 | 19 | $181.0M | Industrial |
| CHR | Charger Metals | 0.2 | 0.23 | 15 | $7.2M | Resources |
| DRA | DRA Global | 3.95 | 4.3 | 9 | $228.0M | Industrial |
| AE1 | Aerison | 0.2 | 0.28 | 40 | $79.5M | Industrial |
| RBX | Resource Base | 0.2 | 0.165 | -18 | $5.4M | Resources |
| IND | Industrial Minerals | 0.2 | 0.34 | 70 | $8.7M | Resources |
| MTM | Mt Monger Resources | 0.2 | 0.205 | 3 | $5.5M | Resources |
| BBM | Balkan Mining | 0.2 | 0.385 | 92 | $11.7M | Resources |
| 92E | 92 Energy | 0.2 | 0.29 | 45 | $11.7M | Energy |
The list of health IPOs in 2021 may be less than 10 but only one company is under water and most have clocked up healthy gains.
Sitting on gains of over 60 per cent are cancer fighting biotech Chimeric Therapeutics (ASX:CHM) and mosquito disease focused company Island Pharmaceuticals (ASX:ILA).
Following closely behind with gains of over 40 per cent are medical imaging company Singular Health Group (ASX:SHG) as well as Trajan Group (ASX:TRJ) which makes precision consumable products, devices and solutions for healthcare among other sectors.
| Code | Company | Listing Price | Current Price | % | MktCap | Sector |
|---|---|---|---|---|---|---|
| TRU | Truscreen | 0.065 | 0.066 | 2 | $23.9M | Health |
| CHM | Chimeric Therapeutics | 0.2 | 0.325 | 63 | $64.0M | Health |
| SHG | Singular Health | 0.2 | 0.29 | 45 | $17.1M | Health |
| ILA | Island Pharmaceuticals | 0.2 | 0.325 | 63 | $14.0M | Health |
| ACL | Au Clinical Labs | 4 | 3.56 | -11 | $706.0M | Health |
| TRJ | Trajan | 1.7 | 2.38 | 40 | $303.0M | Health |
| AGN | Argenica Theraprutics | 0.2 | 0.22 | 10 | $9.9M | Health |
| LDX | Lumos Diagnostics | 1.25 | 1.28 | 2 | $189.0M | Health |
Next is resources with an average gain of 16%. But just look at battery metals stocks and you’ll find a 21% gain.
Leading is Balkan Mining and Minerals (ASX: BMM), which has a lithium-borate project in Serbia and was spun out of Jadar Resources (ASX:JDR), which retains a 22% stake.
| Code | Company | IPO Price | Price now | % Return | Market Cap |
|---|---|---|---|---|---|
| TG1 | TechGen Metals | 0.2 | 0.22 | 10 | $8.0M |
| GL1 | Global Lithium | 0.2 | 0.255 | 28 | $23.1M |
| NKL | Nickelx | 0.2 | 0.19 | -5 | $10.2M |
| AM7 | Arcadia Minerals | 0.2 | 0.175 | -13 | $6.0M |
| CHR | Charger Metals | 0.2 | 0.23 | 15 | $7.2M |
| BBM | Balkan Mining | 0.2 | 0.385 | 92 | $11.7M |
While there have only been two manganese IPOs in 2021 both have run hot with Black Canyon (ASX:BCA) up over 30% and Firebird Metals (ASX:FRB) which has more than tripled.
The only rare earths IPO of 2021, Australian Rare Earths (ASX:AR3) has gained 130%.
The tech sector has produced the most non-resources IPOs but is just under 1 per cent.
It has produced several successes, particularly Pentanet (ASX:5GG) which is up over 170%, but some flops such as Hiremii (ASX:HMI) which is down over 50 per cent and Mighty Kingdom (ASX:MKL) which is down 38%.
Energy is the only sector in the red, albeit only slightly with its two listees this year Delorean (ASX:DEL) and NexGen Energy (ASX:NXG) slightly below water.
Consumer stocks are up 7 per cent with top performers including Bluebet (ASX:BBT), up 49% and Peter Warren (ASX:PWR) which is up 19%.
| Code | Company | Date | Price per share | Capital raised | Sector |
|---|---|---|---|---|---|
| ALL | Almonty Indust | 20-Jul | 1 | $13.5M | Resources |
| AWN | Aquirian | 27-Jul | 0.2 | $8m | Resources |
| BMR | Ballymore Resources | 6-Aug | 0.2 | $11m | Resources |
| BDX | BCAL Diagnostics | 19-Jul | 0.25 | $8m | Health |
| BEZ | Besera Gold | 7-Sep | 0.2 | $12.5M | Resources |
| BST | Best & Less | 26-Jul | 2.16 | $60m | Consumer |
| CNR | Cannon Resources | 12-Aug | 0.2 | $6m | Resources |
| CPO | Culpeo | 17-Aug | 0.2 | $6m | Resources |
| ETT | East33 | 29-Jul | 0.2 | $32m | Consumer |
| GFN | Gefen | 21-Jul | 1 | $25m | Tech |
| KNI | Kuniko | 23-Aug | 0.2 | $7.9M | Resources |
| NOL | Noble Oak Life | 21-Jul | 1.95 | $62.2M | Financial |
| OPN | Openn Negotiation | 21-Jul | 0.2 | $9m | Tech |
| TMB | Tambourah Metals | 20-Aug | 0.2 | $8m | Resources |
| 1VG | Victory Goldfields | 22-Jul | 0.2 | $5m | Resources |
| WGR | Western Gold | 19-Jul | 0.2 | $7m | Resources |
| WMG | Western Mines | 20-Jul | 0.2 | $5.5M | Resources |
After a hectic couple of weeks to kick off July which saw nearly 20 companies list, the queue is decreasing but it is still 17 companies long.
A couple of them are delayed IPOs including Israeli tech stock Gefen (ASX:GFN) which is now listing next Wednesday and oyster company East 33 (ASX:ETT) which is now listing later this month.
Two of the larger ones, which are raising over $60 million, are Best & Less (ASX:BST) which owns the Best & Less chain, as well as Postie in New Zealand and insurer Noble Oak (ASX:NOL).
The pair will also list before this month is out.
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