The initial public offering market has made a strong start to the year with the number of companies listing on the ASX during the first quarter of calendar 2017 more than doubling the previous corresponding period.
IPOs returned an average of 18.3% in the March quarter, outperforming the ASX200 index by 14.8%, according to the OnMarket 2017 First Quarter IPO Report.
The lucrative world of capital-raising is no longer reserved for the mega-rich thanks to OnMarket, a Fin-tech app that promises to democratise IPOs (initial public offerings, or floats).
In this fast-paced digital world there’s already an app for everything—and investing is no exception. For people who are living paycheck to paycheck, or those who don’t want to grapple with the tedious task of creating a budget, these investment and money management apps are a godsend. Only one question remains: do they actually work?
Tech stocks that listed on the ASX in 2016 have comfortably outshone their counterparts from other sectors, with stronger returns for shareholders in their first year of public life.
Move over mining companies, the tech sector is ruling the IPO market. The top performing IPOs of 2016 in Australia by share price came mainly from the technology and healthcare sectors.
IPOs have proved to be a better bet than the local Australian equities market in general in 2016. The initial public offerings returned 35.8% for the 11 months to the end of November 30, according to analysis by OnMarket BookBuilds, an app which provides access to IPOs with the same terms as institutional investors.
New opportunities to reduce the cost of business borrowing could cut swathes of profit from the traditional banking industry
Who said you need millions of dollars of investible assets and a Financial Adviser to get access to some of Australia’s newest companies?
Smaller floats are bucking the trend as the window for large initial public offerings has all but closed for 2016. In what is shaping up to be the quietest year for floats since 2012, many companies at the smaller end of the scale are pushing ahead with their IPO plans.
Initial public offerings are finishing the year in barnstorming fashion, with a slew of listings scheduled despite the recent indifferent performance of several of the bigger floats.
Virgin Australia’s frequent-flyer business is giving retail investors the chance to earn Velocity points on the next big stock float through a new partnership with online bookbuilder OnMarket.
The ASX has utterly failed to open up the IPO market to retail investors, despite thousands pleading with the company to introduce rules to allow wider access to IPOs.
It is now obvious that reform of the ASX listing rules to make the initial public offering market fair to retail investors is in the hands of the Treasurer Scott Morrison.
In Australia, where a relatively small population in a vast geographic space has facilitated duopolies dominating markets, the arrival of new business models and challengers has been an important co-contributor to why the ASX20 has significantly underperformed the broader share market since late 2012.
The generation that has grown up with digital technologies has a preference for tech investments and trades investments from their smartphones rather than a PC or laptop. But when it comes to trading volumes, it's the baby boomers with their vast resources that are leading the investment pack.
Australian initial public offerings significantly outperformed the broader sharemarket in the third quarter, with the IT sector dominating both in terms of the number of floats and returns.
Australia has one of the highest levels of smartphone penetration in the world and there is an increasing array of very useful tools and apps freely available to help us manage all aspects of our financial lives.
With its 30th initial public offering (IPO) on the slipway, and the combined total of IPOs in which it has participated now above $800 million, digital investment banking platform On-Market BookBuilds continues to build on its retail investor-oriented niche in the Australian stockbroking industry’s primary market function.
H2Ocean Ltd, a company which invests in a diversified global portfolio of early and growth stage financial technology (fintech) companies, says it is delighted to be extending the reach of its Initial Public Offering (IPO) and offering shares to retail investors through fintech firm OnMarket.
The IPO market enjoyed a healthy August, new figures show, despite several high-profile busts in recent months.
Coming into the third trimester of calendar 2016 there’s no sign of a pregnant pause to the flow of initial public offerings at the mainly tiddler end of the market.
When it comes to investing, many of us think that bigger is better. But when it comes to Initial Public Offerings (IPOs), the reverse may be true. Recent research by OnMarket BookBuilds reveals that of more than 1,000 IPOs that have gone through the Australian Securities Exchange (ASX) since 2005, the returns from smaller IPOs have been markedly better than those from larger ones.
The average monthly return from the nine companies listing on the ASX in July was 15.7%, about 9.4 percentage points better than ASX 200, according to the latest OnMarket IPO Report.
Until recently, retail clients of online brokers were rarely able to access the primary market and take part in initial public offerings (IPOs) or other capital raisings (placements).