ASX Capital Raise Roundup is a weekly look at ASX capital raisings.

As we roll the clocks forward into Financial Year 2022 many of us start fresh, make our fiscal new year resolutions and watch for markets to also cooperate in our renewed endeavours.

However, when we look at history, the tendency is more a continuation of the same trends. In our current environment, this spells more capital raises for companies with higher quality uses, commodity projects in further advanced stages, and clear paths to revenue growth.

Businesses such as AVZ Minerals (ASX:AVZ) attracted strong interest at 180 Markets due to their large Manono Lithium Project where the Definitive Feasibility Study has already been completed.

Kaolin company Andromeda Metals (ASX:ADN) was also well supported as its end products already offtake agreements in place in the ceramics market with a large Japanese company.

Additionally, the capital raising prices for these transactions are taking place at good technical support levels, thus giving investors an extra degree of confidence.

In summation, the market for Placements is displaying quality over quantity with discerning investor interest for the “right” deal.