The ASX’s 2020 capital raising boom continued in November with investors chipping in another $2.68 billion.

According to Bloomberg this takes the ASX’s 2020 total to over $47 billion.

November saw a significant upshift in market momentum following the US Presidential election, despite COVID-19 hitting Europe and North America even harder.

The most dominant sector was financials with $1.2 billion raised. Resources came second with $432 million followed by technology with just over $300 million.

Additionally, the average deal is up 12 per cent post-completion.

 

Here’s a list of all ASX capital raisings completed in November

Effective Date Issuer Ticker Issuer Name Offer Size (M) Offer Type Offer Price Last Close Offer To Date Industry Sector
11/26/2020 IAG Insurance Australia Group Ltd 650 Placement 5.05 5.15 5 Financial
11/23/2020 HDN HomeCo Daily Needs REIT 300.163 IPO 1.33 1.31 1 Financial
11/16/2020 UNI Universal Store Holdings Ltd 147.773 IPO 3.8 4.5 16 Consumer
11/23/2020 CIP Centuria Industrial REIT 125 Placement 3.06 3.11 3 Financial
11/03/2020 DEG De Grey Mining Ltd 100.1 Placement 1.2 1.08 -13 Resources
11/12/2020 HPG Hipages Group Holdings Ltd 100.45 IPO 2.45 2.28 -2 Communications
11/13/2020 AMI Aurelia Metals Ltd 89.4793 RIGHTS 0.43 0.415 -1 Resources
11/19/2020 HMY Harmoney Corp Ltd 92.5001 IPO 3.5 3.1 -11 Financial
11/02/2020 DSK Dusk Group Ltd 70 IPO 2 1.71 -13 Consumer
11/11/2020 MRM MMA Offshore Ltd 58.4673 RIGHTS 0.03 0.034 17 Consumer
11/25/2020 GUD GUD Holdings Ltd 55.0001 Placement 11.25 11.23 3 Consumer
11/04/2020 DUR Duratec Ltd 52.925 IPO 0.5 0.57 22 Industrial
11/05/2020 HUB HUB24 Ltd 50 Placement 20 21.52 4 Technology
11/25/2020 AMI Aurelia Metals Ltd 40.7938 Placement 0.43 0.415 -1 Resources
11/25/2020 HPI Hotel Property Investments 40 Placement 3.04 3.17 5 Financial
11/04/2020 CNI Centuria Capital Group 39.9456 Placement 2.25 2.55 13 Financial
11/02/2020 MDR MedAdvisor Ltd 37.6879 Rights 0.38 0.375 3 Technology
11/02/2020 MCP McPherson's Ltd 36.5257 Placement 2.27 1.825 -16 Industrial
11/24/2020 ATH Alterity Therapeutics ltd 35 Placement 0.037 0.032 -14 Health
11/25/2020 IMM Immutep Ltd 29.572 Placement 0.24 0.27 10 Health
11/05/2020 IMR Imricor Medical Systems Inc 28.45 Placement 2.35 2.45 6 Health
11/12/2020 RDY ReadyTech Holdings Ltd 25.0001 Placement 1.88 2.03 9 Technology
11/18/2020 MDR MedAdvisor Ltd 23.4777 Placement 0.38 0.375 -1 Technology
11/26/2020 WAK WA Kaolin Ltd 22 IPO 0.2 0.22 12 Resources
11/19/2020 MRM MMA Offshore Ltd 21.5598 Placement 0.03 0.034 17 Consumer, Non-cyclical
11/03/2020 FZO Family Zone Cyber Safety Ltd 20 Placement 0.44 0.4 -9 Technology
11/19/2020 GLL Galilee Energy Ltd 15 Placement 0.63 0.625 -5 Energy
11/13/2020 TEK Thorney Technologies Ltd 13 Placement 0.35 0.35 -1 Financial
11/26/2020 E2M E2 Metals Ltd 13 Placement 0.73 0.65 0 Resources
11/18/2020 BUD Buddy Technologies Ltd 12.824 Placement 0.048 0.053 6 Technology
11/02/2020 TRY Troy Resources Ltd 12 Placement 0.12 0.085 -27 Resources
11/03/2020 SAU Southern Gold Ltd 10.2 Placement 0.12 0.105 -12 Resources
11/06/2020 LTR Liontown Resources Ltd 10.3325 Placement 0.23 0.28 17 Resources
11/20/2020 NXS Next Science Ltd 10 Placement 1.2 1.235 1 Health
11/09/2020 EX1 Exopharm Ltd 10 Placement 0.24 0.36 50 Health
11/13/2020 LOM Lucapa Diamond Co Ltd 8.6355 Placement 0.055 0.052 -2 Resources
11/18/2020 AR9 Archtis Ltd 8.4 Placement 0.33 0.39 18 Technology
11/20/2020 EXL Elixinol Global Ltd 8.1956 Placement 0.17 0.19 12 Health
11/25/2020 CPN Caspin Resources Ltd 8 IPO 0.2 0.585 148 Resources
11/10/2020 DEX Duke Exploration Ltd 8 IPO 0.25 0.365 46 Resources
11/06/2020 HYD Hydrix Ltd 8 Placement 0.28 0.2875 0 Industrial
11/17/2020 KSS Kleos Space SA 7.6218 Placement 0.72 0.6 -14 Technology
11/20/2020 AHQ Allegiance Coal Ltd 7.54 Placement 0.05 0.055 8 Energy
11/13/2020 MCL Mighty Craft Ltd 7.513 Placement 0.35 0.4 16 Consumer, Non-cyclical
11/03/2020 SMI Santana Minerals Ltd 7.5 Placement 0.2 0.18 -3 Resources
11/17/2020 ANP Antisense Therapeutics Ltd 7.3 Placement 0.1 0.105 -1 Health
11/13/2020 IOU IOUpay Ltd 7.0446 Placement 0.166 0.17 2 Communications
11/11/2020 APC Australian Potash Ltd 7 Placement 0.111 0.135 22 Resources
11/03/2020 UBN Urbanise.com Ltd 6.8 Placement 0.078 0.078 1 Communications
11/24/2020 NXM Nexus Minerals Ltd 6.6 Placement 0.15 0.13 -10 Resources
11/04/2020 PF1 Pathfinder Resources Ltd 6 IPO 0.2 0.19 -3 Resources
11/30/2020 AQI Alicanto Minerals Ltd 6 Placement 0.13 0.13 Resources
11/02/2020 DGR DGR Global Ltd 6 Placement 0.08 0.077 -4 Resources
11/02/2020 PIQ Proteomics International Labor 6 Placement 0.48 0.52 8 Health
11/19/2020 TMZ Thomson Resources Ltd 5.8934 Placement 0.062 0.078 34 Resources
11/04/2020 OLL OpenLearning Ltd 5.9395 Placement 0.28 0.27 2 Technology
11/16/2020 NMR Native Mineral Resources Holdi 5.7427 IPO 0.2 0.24 22 Resources
11/09/2020 MVL Marvel Gold Ltd 5.7 Placement 0.06 0.056 -5 Resources
11/23/2020 BAT Battery Minerals Ltd 5.5 Placement 0.022 0.021 0 Resources
11/09/2020 ICT iCollege Ltd 5.5 Placement 0.1 0.13 30 Consumer, Non-cyclical
11/10/2020 DC2 DC Two Ltd 5.5 IPO 0.2 0.325 65 Communications
11/19/2020 MHK Metal Hawk Ltd 5.5 IPO 0.2 0.23 10 Resources
11/09/2020 PG1 Pearl Global Ltd 5 Placement 0.09 0.097 11 Resources
11/26/2020 MRL Mayur Resources Ltd 4.0634 Placement 0.35 0.385 11 Resources
11/19/2020 CM8 Crowd Media Holdings Ltd 4 Placement 0.05 0.047 -4 Technology
11/12/2020 SPN Sparc Technologies Ltd 4 Placement 0.2 0.43 123 Energy
11/26/2020 SW1 Swift Media Ltd 3.817 Placement 0.0375 0.037 -4 Communications
11/06/2020 HWK Hawkstone Mining Ltd 3.5 Placement 0.012 0.01 -17 Energy
11/02/2020 REZ Resources & Energy Group Ltd 3.3 Placement 0.075 0.053 -28 Resources
11/27/2020 GSN Great Southern Mining Ltd 3.12 Placement 0.08 0.073 -10 Financial
11/16/2020 WCG Webcentral Grp Ltd 3.1143 Placement 0.17 0.3 103 Communications
11/27/2020 TFL TasFoods Ltd 3 Placement 0.1 0.11 10 Consumer, Non-cyclical
11/16/2020 CG1 Carbonxt Group Ltd 3 Placement 0.16 0.19 16 Industrial
11/13/2020 IOU IOUpay Ltd 3 Placement 0.147 0.17 16 Communications
11/23/2020 REE Rarex Ltd 2.91 Placement 0.1 0.13 30 Resources
11/09/2020 BCB Bowen Coking Coal Ltd 3 Placement 0.05 0.05 -2 Energy
11/06/2020 UUL Ultima United Ltd 2.9326 Placement 0.4 0.535 34 Financial
11/27/2020 CRO Cirralto Ltd 2.8062 Placement 0.03 0.03 0 Technology
11/27/2020 CVV Caravel Minerals Ltd 2.78 Placement 0.08 0.086 4 Resources
11/23/2020 HAV Havilah Resources Ltd 2.55 Placement 0.17 0.165 0 Resources
11/30/2020 TSC Twenty Seven Co Ltd 2.6 Placement 0.006 0.006 0 Resources
11/16/2020 PAB Patrys Ltd 2.5 Placement 0.02 0.02 0 Health
11/16/2020 GRL Godolphin Resources Ltd 2.4888 Placement 0.24 0.245 2 Resources
11/02/2020 ANL Amani Gold Ltd 2.5525 Placement 0.001 0.0015 50 Resources
11/24/2020 RPM RPM Automotive Group Ltd/AU 2.4077 Placement 0.19 0.195 5 Consumer, Cyclical
11/16/2020 NSB NeuroScientific Biopharmaceuti 2.4 Placement 0.28 0.315 11 Health
11/02/2020 SLZ Sultan Resources Ltd 2.4 Placement 0.22 0.24 11 Resources
11/18/2020 BUG Buderim Group Ltd 2.1936 Placement 0.17 0.165 -3 Consumer, Non-cyclical
11/23/2020 SMX Security Matters Ltd 2.1011 Placement 0.38 0.39 3 Technology
11/23/2020 ESS Essential Metals Ltd 2.0488 Placement 0.085 0.087 1 Resources
11/06/2020 ANX Anax Metals Ltd 2 Placement 0.03 0.067 127 Resources
11/18/2020 FRX Flexiroam Ltd 2 Placement 0.023 0.026 13 Communications
11/18/2020 SCT Scout Security Ltd 1.8527 Placement 0.135 0.13 0 Industrial
11/17/2020 IPC Imperial Pacific Ltd 1.8523 Placement 1 1.05 5 Financial
11/24/2020 ONE Oneview Healthcare PLC 1.7443 Placement 0.04 0.051 25 Technology
11/06/2020 CXU Cauldron Energy Ltd 1.6 Placement 0.031 0.031 6 Resources
11/06/2020 MNB Minbos Resources Ltd 1.272 Placement 0.0015 0.037 20 Resources
11/04/2020 PEL Pelican Resources Ltd 1.27685 Rights 0.02 0.02 0 Resources
11/27/2020 KPO Kalina Power Ltd 1.1899 Placement 0.025 0.034 44 Utilities
11/25/2020 CDT Castle Minerals Ltd 1 Placement 0.01 0.011 10 Resources
11/26/2020 TEM Tempest Minerals Ltd 0.7448 Placement 0.033 0.033 0 Resources
11/24/2020 PEL Pelican Resources Ltd 0.75 Placement 0.02 0.02 0 Resources
11/04/2020 POW Protean Energy Ltd 0.24 Placement 0.006 0.01 117 Resources

 

Most notable deals

$742 million of November’s ASX capital raisings came from IPOs, a higher proportion than in previous months.

Three IPOs raised above $100 million including HiPages (ASX:HPG), Universal Store (ASX:UNI) and Home Consortium’s Daily Needs REIT (ASX:HDN).

The latter was the second biggest deal, raising $300 million despite unprecedented uncertainty in the REIT sector.

The largest was a placement by Insurance Australia (ASX:IAG) which asked and received $650 million for its coffers.

2020’s biggest success story in the gold sector, De Grey (ASX:DEG), raised another $100 million early in November as it continued exploration at its Hemi prospect.

The health sector had its fair share too, with medtech stock Hydrix (ASX:HYD) and cannabis play Elixinol (ASX:EXL) both capitalising on early success and sector hype respectively.

 

Deals still to come

While there is only one month to go in 2020 there appears to be a pre-Christmas rush for companies seeking to raise capital.

This is manifest in the companies completing deals right now including Bega Cheese (ASX:BGA) and Galaxy Resources (ASX:GXY) which are raising $220 million and $50 million in rights issues respectively.

But additionally, there is nearly $1 billion worth of IPOs in the pipeline scheduled to list before Christmas – a run set to begin later this week.

Code Company Price Capital Raised Listing Date Sector
CHA Chaucer Energy 0.2 $5.5M 1-Dec Energy
HXL Hexima 0.2 $3.0M 1-Dec Health
PRS Prospech 0.2 $5.0M 1-Dec Resources
CRW Cashrewards 1.73 $65m 2-Dec Consumer - cashback rewards
BKG Booktopia 2.3 $43.1M 3-Dec ecommerce
E33 East 33 0.2 $32.0M 3-Dec Consumer - seafood
BPM BPM Minerals 0.2 $4.5M 3-Dec Resources
DOC Doctor Care Anywhere 0.8 $102m 4-Dec Health
MGH Maas Group Holdings 2 $145.6M 4-Dec Industrial
NXL Nuix 5.31 $275.6M 4-Dec Tech
CBL Control Bionics 0.6 $15m 7-Dec Tech
LV1 Live Verdure 0.2 $5.0M 8-Dec Consumer - food
YFZ Youfoodz 1.5 $70.0M 8-Dec Consumer - food
LV1 Live Verdure 0.2 $5m 8-Dec Consumer
CLU Cluey 1.2 $30m 9-Dec Consumer - edtech
DM1 Desert Metals 0.2 $5m 9-Dec Resources
RCR Rincon Resources 20 $6m 10-Dec Resources
TSI Top Shelf 2.21 $35m 10-Dec Consumer - beverages
AKO Akora Resources 0.25 $5m 11-Dec Resources - Iron Ore
ERW Errawarra Resources 0.2 $6m 11-Dec Resources
SOV Sovereign Cloud Holdings 0.75 $20.0M 14-Dec Tech
WSR Westar Resources 0.2 $5.0M 14-Dec Resources
GNP GenusPlus 0.96 $32.8M 14-Dec Telco
BNZ Benz Mining Corp 0.5 $2m 15-Dec Resources
KFM Kingfisher Mining 0.2 $6m 17-Dec Resources
PYR Payright 1.2 $20m 23-Dec Tech
MM8 Medallion Metals 0.4 $20m 24-Dec Resources