IPOs

Following the IPO bonanza in 2021, it looks like much of the strong, positive momentum failed to materialise in 2022. The IPO market in 2021 recorded the highest number of new floats in a decade, more than the previous two years combined.

The Inside Network spoke with the managing director of Hiremii Group Limited (ASX: HMI), Chris Brophy, about Hiremii’s much-anticipated IPO, which is set to shake up the labour hire sector’s fast-evolving digital revolution. Listed on Tuesday (11 May), Hiremii is at the forefront of the transformation of the employment industry. For investors looking to take…

MadPaws (ASX: MPA) – Last week the pet-sitting company successfully listed on the ASX, following a $12 million raising, and it surged onto the screens, recording a spectacular rise of 54%, and a market capitalisation of $42.9 million. The MadPaws platform connects you with your nearest pet-sitter. It’s a brilliant idea that is simple and…

Upcoming floats for February The IPO market is still running hot, with a handful of initial public offering (IPO) hopefuls hitting the boards this month – and some recording stellar price increases. Following-on from the strong IPO momentum from late last year, 2021 is shaping-up to be another cracking year, assuming volatility remains muted. From 1 December 2020…

In a year of bushfires, cheap money, a Presidential election and a global pandemic, investors were exposed to a rollercoaster ride of mixed emotions, panic selling and dizzying bouts of volatility. Reflecting back on calendar year 2020, it is interesting to see which group of companies outperformed. Large or small caps? Tech or healthcare? It…

LIC/LIT IPO Vintage Year Analysis The listed investment company/listed investment trust (LIC/LIT) sector in the ASX has copped a lot of criticism over the last 12 months, in relation to the apparent mis-selling of new issues and conflicts of interest. We have no interest in revisiting the debate, other than to say that it is…

Investors ready themselves for Covid-normal And just like that, this crazy year is almost over. As we head into Christmas, Melburnians will breathe a sigh of relief after a marathon lockdown is lifted and the state readies for a “COVID-normal Christmas” – whatever that is. While markets largely shrugged off the COVID effect, it’s been…

Initial Public Offering 101 If you have been reading any financial media, or even social media, at all throughout 2020, you likely get the feeling that the IPO market has been growing like crazy. This is something my colleague, Ishan Dan, has addressed in his article this week, called IPO market review – who delivered…

Hamish Douglass, the CIO of Magellan Financial Group, who oversees the largest Australian-owned global funds manager and is the current darling of the wholesale and retail investor sectors, is relatively sanguine about the possible market impact of the US election, but a bit more worried about COVID-19. Douglass, also Magellan’s co-founder, with Chris Mackay, chairman…

Australia has followed the US in bouncing back with new sharemarket listings after a hefty slump during much of the first half of the calendar year, at least in terms of the number of initial public offerings (IPOs). In the absence of any mega listings, Australia is still unlikely to break any records in terms…