ASX companies continued to raise money in July, with over $4bn shelled out by investors, taking 2020’s total above $30bn.

According to Bloomberg, there has been $32.3bn worth of cash raised between January 1 and August 3. This is well ahead of the $15.8bn raised at this point last year.

The majority of this was raised by large caps, including $1.3bn from major Aussie airline Qantas (ASX:QAN).

 

Small cap deals

While companies with market capitalisations below $100m only made up $294m of July’s total, there were 86 capital raisings completed. Nearly two thirds of July’s total ($190m) came from resources stocks.

After health stocks raised more than their resources peers in April and May, mining stocks retook the lead in June and held their ground this month.

A number of stocks have more than doubled since raising capital including Tesoro Resources (ASX:TSO) and Chesser Resources (ASX:CHZ).

Another is one of the few IPOs in recent months Manuka Resources (ASX:MKR), which entered the bourse at 20c and now sits over 60c.

The best performing non-resources stock is cybersecurity play Family Zone Cyber (ASX:FZO), which has more than tripled after raising $10m.

Other notable non-resources deals include casino operator Donaco (ASX:DNA), which conducted a $14.4m rights issue, and pot stock Cann Group (ASX:CAN), which completed a $13m placement.

Here’s a list of all ASX small and micro cap raisings completed in July (by date of securities listing on the ASX):

Swipe or scroll to reveal the full table. Click headings to sort.

Effective Date Code Name Offer Size (M) Offer Type Offer Price Last Close Offer To Date (%) Market Cap at Offer (M) Industry Sector
07/06/2020 CY5 Cygnus Gold Ltd 0.45 Placement 0.045 0.165 267 4 Health
07/07/2020 FZO Family Zone Cyber Safety Ltd 10.00 Placement 0.12 0.385 221 39 Technology
07/14/2020 MKR Manuka Resources Ltd 7.00 IPO 0.2 0.63 215 50 Resources
07/17/2020 CHZ Chesser Resources Ltd 2.35 Placement 0.08 0.24 200 29 Resources
07/13/2020 MKG Mako Gold Ltd 3.25 Placement 0.05 0.145 190 8 Resources
07/01/2020 DTM Dart Mining NL 0.92 Placement 0.085 0.235 176 6 Health
07/09/2020 TSO Tesoro Resources Ltd 0.80 Placement 0.06 0.165 175 25 Health
07/03/2020 AVW Avira Resources Ltd 0.50 Placement 0.002 0.0055 175 3 Health
07/13/2020 ICU iSentric Ltd 0.41 Placement 0.0158 0.04 153 4 Consumer
07/16/2020 WRM White Rock Minerals Ltd 5.85 Placement 0.003 0.725 142 12 Resources
07/10/2020 PUA Pure Alumina Ltd 0.50 Placement 0.009 0.021 133 4 Health
07/14/2020 AX8 Accelerate Resources Ltd 0.57 Placement 0.0288 0.063 118.75 6 Health
07/09/2020 SOP Synertec Corp Ltd 1.27 Placement 0.023 0.049 113 6 Industrial
07/10/2020 GBZ GBM Resources Ltd 4.27 Placement 0.055 0.115 109 18 Resources
07/23/2020 BPH BPH Energy Ltd 0.45 Placement 0.015 0.024 85 6 Energy
07/10/2020 SCL Schrole Group Ltd 2.12 Placement 0.0106 0.019 79 12 Technology
07/21/2020 BLZ Blaze International Ltd 1.31 Placement 0.025 0.044 76 7 Resources
07/15/2020 DEV DevEx Resources Ltd 4.71 Placement 0.1 0.175 75 24 Resources
07/22/2020 TKM Trek Metals Ltd 0.68 Placement 0.035 0.06 71 7 Health
07/01/2020 GMD Genesis Minerals Ltd 10.00 Placement 0.042 0.071 69 67 Resources
07/08/2020 CPT Cipherpoint Ltd 0.44 Placement 0.023 0.039 69 2 Technology
07/14/2020 WML Woomera Mining Ltd 0.25 Placement 0.012 0.02 67 2 Resources
07/24/2020 AZS Azure Minerals Ltd 2.30 Placement 0.1 0.165 65 19 Resources
07/15/2020 AEV Avenira Ltd 0.53 Placement 0.008 0.012 62 4 Health
07/15/2020 RDM Red Metal Ltd 3.00 Placement 0.09 0.145 61 22 Resources
07/14/2020 MQR Marquee Resources Ltd 0.63 Placement 0.04 0.063 58 3 Health
07/03/2020 NXM Nexus Minerals Ltd 1.32 Placement 0.045 0.07 56 7 Resources
07/01/2020 ATX Amplia Therapeutics Ltd 3.99 RIGHTS 0.1 0.155 55 13 Health
07/06/2020 GRV Greenvale Energy Ltd 2.22 RIGHTS 0.019 0.029 53 7 Energy
07/29/2020 TPD Talon Petroleum Ltd 0.89 Placement 0.002 0.003 50 4 Energy
07/28/2020 EQE Equus Mining Ltd 3.14 Placement 0.009 0.013 44 16 Resources
07/16/2020 CDT Castle Minerals Ltd 0.97 Placement 0.01 0.014 40 7 Health
07/29/2020 SBR Sabre Resources Ltd 0.98 Placement 0.0025 0.0035 40 3 Health
07/22/2020 ARN Aldoro Resources Ltd 1.19 Placement 0.09 0.125 39 6 Health
07/09/2020 DCX Discovex Resources Ltd 1.51 Placement 0.0065 0.009 38 8 Resources
07/27/2020 CBY Canterbury Resources Ltd 0.48 Placement 0.1 0.135 35 9 Health
07/16/2020 MTH Mithril Resources Ltd 2.69 Placement 0.018 0.024 33 33 Resources
07/28/2020 IPT Impact Minerals Ltd 3.25 Placement 0.015 0.019 27 27 Resources
07/24/2020 ID8 Identitii Ltd 1.91 Placement 0.07 0.089 27 8 Technology
07/28/2020 EM2 Eagle Mountain Mining Ltd 3.00 Placement 0.13 0.165 26 18 Resources
07/21/2020 GML Gateway Mining Ltd 5.31 Placement 0.016 0.02 25 27 Resources
07/01/2020 AZI Alta Zinc Ltd 2.20 Placement 0.004 0.005 25 11 Resources
07/01/2020 DLC Delecta Ltd 0.40 Placement 0.004 0.005 25 3 Resources
07/02/2020 NME Nex Metals Exploration Ltd 2.65 Placement 0.055 0.068 24 13 Resources
07/24/2020 ARV Artemis Resources Ltd 5.60 Placement 0.07 0.086 23 78 Resources
07/16/2020 SP3 Spectur Ltd 0.57 Placement 0.05 0.06 20 4 Industrial
07/13/2020 CG1 Carbonxt Group Ltd 2.08 Placement 0.16 0.19 19 19 Industrial
07/21/2020 KIN Kin Mining NL 1.38 Placement 0.11 0.13 18 77 Resources
07/17/2020 G1A Galena Mining Ltd 12.00 Placement 0.21 0.245 17 97 Resources
07/01/2020 MRC Mineral Commodities Ltd 6.58 Placement 0.2 0.235 17 91 Resources
07/24/2020 CAN Cann Group Ltd 13.18 Placement 0.4 0.47 17 70 Health
07/20/2020 ADV Ardiden Ltd 3.40 Placement 0.012 0.014 17 25 Resources
07/14/2020 SI6 Six Sigma Metals Ltd 0.96 Placement 0.006 0.007 17 5 Health
07/24/2020 CLB Candy Club Holdings Ltd 2.46 Placement 0.125 0.145 16 32 Technology
07/01/2020 VN8 Vonex Ltd 1.40 Placement 0.095 0.11 16 18 Technology
07/13/2020 ZNC Zenith Minerals Ltd 5.10 Placement 0.1 0.115 15 29 Resources
07/06/2020 4DS 4DS Memory Ltd 4.50 Placement 0.045 0.051 13 56 Technology
07/03/2020 IXR Ionic Rare Earths Ltd 2.50 Placement 0.008 0.009 12 20 Resources
07/08/2020 A1M AIC Mines Ltd 2.08 RIGHTS 0.28 0.31 11 22 Energy
07/13/2020 A1M AIC Mines Ltd 1.90 Placement 0.28 0.31 11 16 Energy
07/08/2020 MZZ Matador Mining Ltd 8.68 Placement 0.405 0.445 10 60 Resources
07/28/2020 MSE Metalsearch Ltd 1.66 Placement 0.013 0.014 8 18 Resources
07/27/2020 KRR King River Resources Ltd 2.00 Placement 0.03 0.032 7 39 Basic Materials
07/22/2020 BC8 Black Cat Syndicate Ltd 9.79 Placement 0.82 0.87 6 90 Resources
07/22/2020 MEU Marmota Ltd 6.50 Placement 0.053 0.056 6 51 Resources
07/03/2020 BCB Bowen Coking Coal Ltd 2.25 Placement 0.05 0.053 6 42 Energy
07/22/2020 NTU Northern Minerals Ltd/Australi 19.10 Placement 0.02 0.021 5 80 Resources
07/14/2020 KTA Krakatoa Resources Ltd 2.40 Placement 0.08 0.084 5 20 Resources
07/10/2020 EMN Euro Manganese Inc 1.06 Placement 0.065 0.068 5 14 Health
07/21/2020 CVV Caravel Minerals Ltd 1.05 Placement 0.04 0.042 5 9 Health
07/28/2020 S2R S2 Resources Ltd 7.75 Placement 0.125 0.13 4 39 Resources
07/28/2020 JAL Jameson Resources Ltd 4.75 Placement 0.12 0.125 4 36 Resources
07/28/2020 MEL Metgasco Ltd 1.38 Placement 0.025 0.026 4 11 Energy
07/08/2020 HYD Hydrix Ltd 1.99 RIGHTS 0.075 0.078 4 8 Health
07/07/2020 DNA Donaco International Ltd 14.41 RIGHTS 0.035 0.036 3 36 Consumer
07/28/2020 RML Resolution Minerals Ltd 3.61 Placement 0.07 0.072 3 18 Resources
07/06/2020 PNW Pacific Star Network Ltd 1.53 RIGHTS 0.225 0.23 2 54 Communications
07/24/2020 TOU Tlou Energy Ltd 0.25 Placement 0.04 0.04 2 20 Energy
07/07/2020 EGY Energy Technologies Ltd 1.60 Placement 0.08 0.082 2 8 Industrial
07/24/2020 SDV SciDev Ltd 5.00 Placement 0.65 0.66 1 97 Industrial
07/14/2020 E25 Element 25 Ltd 3.50 Placement 0.4 0.405 1 43 Resources
07/02/2020 ANL Amani Gold Ltd 1.00 Placement 0.001 0.001 -4 8 Health
07/15/2020 LBT LBT Innovations Ltd 8.00 Placement 0.16 0.15 -6 46 Health
07/15/2020 GTR GTI Resources Ltd 1.81 Placement 0.03 0.027 -10 18 Resources
07/14/2020 GRB Gage Roads Brewing Co Ltd 5.20 Placement 0.052 0.045 -13 65 Consumer
07/07/2020 NOV Novatti Group Ltd 10.00 Placement 0.25 0.2 -20 57 Technology

 

July’s other IPO also doing well

Meanwhile, stocks with market capitalisations between $100m and $500m raised $385m.

The most notable deal came from the other company to list on the ASX in July — New Zealand-headquartered biological scaffold maker Aroa Biosurgery (ASX:ARX).

Aroa raised $45m at 75c per share and its share price has nearly doubled since listing.

Travel agent Helloworld Travel (ASX:HLO) was the biggest tin rattler in July, raising $50m across a placement and rights issue.

The most successful gold stock in the last 12 months (up over 2,500 per cent in that time) Auteco Minerals (ASX:AUT) also topped up its coffers.

Auteco has gotten investors excited ever since it bought its Pickle Crow project in Canada and with the $30m raised has now begun its maiden drilling program.

Effective Date Code Name Offer Size (M) Offer Type Offer Stage Offer Price Last Close Offer To Date Market Cap at Offer (M) Industry Sector
07/22/2020 BWX BWX Ltd 40 Placement Trading 3.4 3.9 15 462 Consumer
07/28/2020 AD8 Audinate Group Ltd 28 Placement Trading 5.15 5.25 2 378 Technology
07/03/2020 OBM Ora Banda Mining Ltd 15.0851 RIGHTS Trading 0.23 0.345 50 270 Resources
07/02/2020 MCR Mincor Resources NL 17.2813 Placement Trading 0.72 0.73 1 266 Resources
07/16/2020 FDV Frontier Digital Ventures Ltd 6.4748 Placement Trading 0.975 1.125 15 257 Technology
07/27/2020 HLO Helloworld Travel Ltd 27.1346 Placement Trading 1.65 1.585 -4 247 Consumer
07/16/2020 HLO Helloworld Travel Ltd 22.8655 RIGHTS Trading 1.65 1.585 -4 235 Consumer
07/24/2020 ARX Aroa Biosurgery Ltd 45 IPO Trading 0.75 1.48 97 225 Health
07/14/2020 AUT Auteco Minerals Ltd 30.375 Placement Trading 0.135 0.175 30 212 Resources
07/06/2020 NEU Neuren Pharmaceuticals Ltd 20 Placement Trading 1.4 1.29 -8 164 Health
07/31/2020 OKU Oklo Resources Ltd 10 Placement Trading 0.32 0.31 -3 161 Resources
07/24/2020 CAI Calidus Resources Ltd 25 Placement Trading 0.51 0.575 13 153 Resources
07/30/2020 SVY Stavely Minerals Ltd 16.8 Placement Trading 0.6 0.6 -4 146 Resources
07/31/2020 CTM Centaurus Metals Ltd 25.5 Placement Trading 0.42 0.47 12 135 Resources
07/17/2020 BDC Bardoc Gold Ltd 24 Placement Trading 0.078 0.083 6 133 Resources
07/23/2020 CEL Challenger Exploration Ltd 20 Placement Trading 0.2 0.22 10 130 Energy
07/30/2020 EMV EMvision Medical Devices Ltd 9 Placement Trading 1.42 1.705 20 116 Health
07/27/2020 TGM Theta Gold Mines Ltd 3.0001 Placement Trading 0.24 0.26 8 109 Resources

 

Among stocks with a market cap between $500m and $1bn was buy now, pay later stock Sezzle (ASX:SZL), which raised $79m, and high flying fashion retail stock City Chic Collective (ASX:CCX), which raised $80m.

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