IPO Watch: Will 3D bone implant printing stock Osteopore overthrow 2019’s best IPO?

Wireless internet provider Uniti Wireless (ASX:UWL) is the undisputed clubhouse leader when it comes to 2019 initial public offerings, with a gain on its offer price of an astonishing 550 per cent.
But that has taken time to build; Uniti listed in February. And it may soon lose its stranglehold at the top, if the first two days for 3D body implant printer Osteopore (ASX:OSX) are anything to go by.
Osteopore raised $5.25m in its IPO offering 26.3 million shares at 20c a pop. It had a spectacular debut on the ASX on Monday, quadrupling in value, and kept rising on Tuesday, hitting a high of 91c, a 355 per cent gain.
That increase means Osteopore has now delivered shareholders more value than other high-ranking IPOs this year, including bacteria-killing biotech Next Science (ASX:NXS), up 210 per cent, and pot stock Ecofibre (ASX:EOF), up 190 per cent,
Four other companies have also more than doubled since listing; fund manager VGI Partners (ASX:VGI), up 181 per cent, buy-now-pay-later stock Splitit (ASX:SPT), up 150 per cent, fintech Quickfee (ASX:QFE), up 170 per cent, and gym owner Viva Leisure (ASX:VVA), up 111 per cent.
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% |
Hoping to list, subject to the approval of a demerger from listed engineering services company Cardno (ASX:CDD), is Intega Group (ASX:ITG).
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 |
---|---|---|---|---|---|
Intega Group | ITG | Being demerged from Cardno (ASX:CDD), due to list Oct 22 | Engineering services | Demerger | n/a |
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 |
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 |
At Stockhead, we tell it like it is. While Osteopore is a Stockhead advertiser, it did not sponsor this article.
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