IPO & RTO Tracker, 2017: August Performance

IPO & RTO Tracker, 2017: August Performance

New Listings

With 13 listings throughout August, it was the equal second busiest month for new floats this year. The month was also a prominent one for reverse takeovers, with 6 companies completing their respective requotation on the ASX.

Resources floats came through thick and fast, with another 6 businesses joining this year’s significant number of energy and mining debutants. Elsewhere, there were representatives from the IT space, as well as Materials, Utilities, Healthcare and Managed Funds.

Spectur (ASX: SP3) was the month’s best performing new listing. After posting initial day gains of 127.5%, the company’s stock price settled into a tight range in the low 30’s for most of the month. Nonetheless, SP3 ended August with an impressive return of 65%.

With so many resources stocks making their debut, it was inevitable some would outperform. With this, three RTOs from EHR Resources (EHX), Pure Minerals (PM1) and Helios Energy (HE8) all rose by at least 30%.

The gains came despite each company delivering an underwhelming performance on their first day of relisting. EHX’s momentum followed an update on its Peruvian Gold Silver Project.

 

Major Movers from 2017

With the focus shifting to the other new listings from 2017, there were many companies which enjoyed a successful month of trading. Across all of the other 75 listings this year, the average gain for August for 7%. However, some of the notable performers significantly outperformed this average, with 9 companies increasing by more than 50%.

August’s major movers were G Medical Innovation Holdings (GMV) and Alderan Resources (AL8). The medtech health provider and copper explorer posted gains of 95% and 91% respectively. GMV’s price movement took place despite no news during the month, however, in late July the company had signed a binding MOU for Chinese distribution. In contrast, much of Alderan’s surge was in response to extensive copper in historical sampling at its Cactus Project.

There were also significant gains for New Century Resources (NCZ; 87%); Sportshero (SHO; 82%), Davenport Resources (DAV; 79%), Bubs Australia (BUB; 73%), CANN Group (CAN; 67%), Wattle Health Australia (WHA; 60%), and Calidus Resources (CAI; 50%).

However, it wasn’t smooth sailing for all of this year’s listings, with 11 dropping by more than 15%. JiaJiafu Modern Agriculture (JJF) and MetalsTech (MTC) headlined the worst performers as they fell out of favour with investors, losing 44% and 42% respectively.

Stay tuned for next month’s report. In the meantime, to stay informed on all the latest IPO news, follow us on Twitter.

YTD Performance Table

CompanyCategoryASX CodeListing DateIssue PricePrice End Day 1Price End Day 1 %Current Price% Difference
Bubs AustraliaRTOBUB3/01/2017$0.100$0.13535.0%$0.615515.0%
Winha Commerce & Trade InternationalIPOWQW5/01/2017$0.350$0.49040.0%$0.40014.3%
Asset OwlRTOAO16/01/2017$0.200$0.165-17.5%$0.2000.0%
Skin ElementsIPOSKN6/01/2017$0.200$0.2000.0%$0.160-20.0%
Lifespot HealthIPOLSH11/01/2017$0.200$0.400100.0%$0.150-25.0%
United NetworksIPOUNL12/01/2017$0.200$0.26030.0%$0.100-50.0%
Zenitas HealthRTOZNT13/01/2017$1.000$0.900-10.0%$1.19019.0%
Freehill MiningIPOFHS16/01/2017$0.200$0.150-25.0%$0.085-57.5%
Kalamazoo ResourcesIPOKZR16/01/2017$0.200$0.2105.0%$0.075-62.5%
Thorney TechnologiesRTOTEK18/01/2017$0.200$0.23015.0%$0.25025.0%
Davenport ResourcesIPODAV20/01/2017$0.200$0.195-2.5%$0.150-25.0%
Blackstone MineralsIPOBSX23/01/2017$0.200$0.2052.5%$0.25025.0%
Murray Cod AustraliaRTOMCA31/01/2017$0.050$0.05816.0%$0.06938.0%
Cobalt BlueIPOCOB2/02/2017$0.200$0.22010.0%$0.190-5.0%
Auscann GroupRTOAC83/02/2017$0.200$0.22010.0%$0.530165.0%
Velocity Property GroupIPOVP77/02/2017$0.200$0.2052.5%$0.150-25.0%
Ardea ResourcesIPOARL9/02/2017$0.200$0.180-10.0%$0.850325.0%
Roto-Gro InternationalIPORGI10/02/2017$0.200$0.2157.5%$0.27035.0%
eSense-LabIPOESE14/02/2017$0.200$0.25527.5%$0.175-12.5%
SportsheroRTOSHO15/02/2017$0.050$0.05510.0%$0.06020.0%
MetalsTechIPOMTC24/02/2017$0.200$0.27035.0%$0.105-47.5%
Switzer Divident Growth FundIPOSWTZ24/02/2017$2.500$2.5100.4%$2.490-0.4%
DawineRTODW828/02/2017$0.020$0.02945.0%$0.011-45.0%
Eildon CapitalIPOEDC28/02/2017$1.060$1.0801.9%$1.0600.0%
Tianmei Beverage GroupIPOTB828/02/2017$0.200$0.23517.5%$0.150-25.0%
Matador MiningIPOMZZ8/03/2017$0.200$0.26030.0%$0.22010.0%
Quantify TechnologyRTOQFY8/03/2017$0.060$0.07626.7%$0.07016.7%
JiaJiafu Modern AgricultureIPOJJF9/03/2017$0.300$0.260-13.3%$0.140-53.3%
Marquee ResourcesIPOMQR15/03/2017$0.200$0.22010.0%$0.180-10.0%
Wattle Health AustraliaIPOWHA15/03/2017$0.200$0.2000.0%$0.930365.0%
ServTech Global HoldingsIPOSVT17/03/2017$0.200$0.2105.0%$0.091-54.5%
Fat Prophets Global Contrarian FundIPOFPC22/03/2017$1.100$1.1353.2%$1.070-2.7%
Bigtincan HoldingsIPOBTH24/03/2017$0.260$0.240-7.7%$0.180-30.8%
Lithium Consolidated Mineral ExplorationIPOLI328/03/2017$0.200$0.180-10.0%$0.100-50.0%
Visioneering TechnologiesIPOVTI28/03/2017$0.420$0.4456.0%$0.4200.0%
I Synergy GroupIPOIS330/03/2017$0.200$0.197-1.5%$0.180-10.0%
Todd River ResourcesIPOTRT6/04/2017$0.200$0.23015.0%$0.150-25.0%
De. MemIPODEM7/04/2017$0.200$0.450125.0%$0.33065.0%
MoelisIPOMOE10/04/2017$2.350$3.15034.0%$5.600138.3%
URB InvestmentsIPOURB12/04/2017$1.100$1.090-0.9%$0.995-9.5%
E2 MetalsIPOE2M19/04/2017$0.200$0.155-22.5%$0.110-45.0%
Tinybeans GroupIPOTNY21/04/2017$1.000$0.950-5.0%$1.0000.0%
AquabotixIPOUUV28/04/2017$0.200$0.195-2.5%$0.120-40.0%
Big River IndustriesIPOBRI1/05/2017$1.460$1.5103.4%$1.97034.9%
MobilicomIPOMOB2/05/2017$0.200$0.2000.0%$0.170-15.0%
Bingo IndustriesIPOBIN3/05/2017$1.800$1.760-2.2%$2.10016.7%
Morphic Ethical Equities FundIPOMEC3/05/2017$1.100$1.065-3.2%$1.1201.8%
CANN GroupIPOCAN4/05/2017$0.300$0.645115.0%$1.145281.7%
MSL SolutionsIPOMPW4/05/2017$0.250$0.2552.0%$0.2500.0%
The Hydroponics CompanyIPOTHC4/05/2017$0.200$0.405102.5%$0.27035.0%
Oceania HealthcareIPOOCA5/05/2017$0.740$0.7400.0%$0.92024.3%
Plato Income MaximiserIPOPL85/05/2017$1.100$1.080-1.8%$1.040-5.5%
Field Solutions HoldingsRTOFSG8/05/2017$0.030$0.0313.3%$0.0326.7%
Zenith EnergyIPOZEN9/05/2017$0.500$0.55010.0%$0.5204.0%
ZoonoRTOZNO9/05/2017$0.200$0.180-10.0%$0.22010.0%
G Medical Innovations HoldingsIPOGMV10/05/2017$0.200$0.140-30.0%$0.430115.0%
Benjamin HornigoldIPOBHD12/05/2017$1.000$1.0707.0%$0.880-12.0%
Magmatic ResourcesIPOMAG19/05/2017$0.200$0.2000.0%$0.120-40.0%
Ausmex Mining GroupRTOAMG30/05/2017$0.080$0.0800.0%$0.065-18.8%
ElsightIPOELS8/06/2017$0.200$0.145-27.5%$0.2000.0%
Alderan ResourcesIPOAL89/06/2017$0.200$0.38090.0%$1.340570.0%
Golden Mile ResourcesIPOG8819/06/2017$0.200$0.185-7.5%$0.130-35.0%
Kelly Partners GroupIPOKPG21/06/2017$1.000$1.36036.0%$1.39039.0%
Oliver's Real FoodsIPOOLI21/06/2017$0.200$0.24020.0%$0.22512.5%
Calidus ResourcesRTOCAI22/06/2017$0.020$0.0200.0%$0.03680.0%
Imagion BiosystemsIPOIBX22/06/2017$0.200$0.160-20.0%$0.140-30.0%
ReTechIPORTE22/06/2017$0.500$0.5306.0%$0.470-6.0%
Contango Global GrowthIPOCQG23/06/2017$1.100$1.1100.9%$1.065-3.2%
WAM MicrocapIPOWMI28/06/2017$1.100$1.1201.8%$1.23011.8%
ELMO SoftwareIPOELO29/06/2017$2.000$2.50025.0%$2.33016.5%
AudinateIPOAD830/06/2017$1.220$1.53025.4%$2.00063.9%
Eagle HealthIPOEHH3/07/2017$0.400$0.4358.7%$0.375-6.3%
New Century ResourcesRTONCZ20/07/2017$0.150$0.380153.3%$0.890493.3%
Convenience Retail REITIPOCRR27/07/2017$3.000$2.990-0.3%$2.850-5.0%
American Pacific Borate & LithiumIPOABR28/07/2017$0.200$0.23015.0%$0.25527.5%
Evans & Partners Global Disruption FundIPOEGD1/08/2017$1.600$1.6805.0%$1.6603.7%
SpecturIPOSP31/08/2017$0.200$0.455127.5%$0.33065.0%
Nusantara ResourcesIPONUS2/08/2017$0.420$0.4302.4%$0.405-3.6%
Sienna Cancer DiagnosticsIPOSDX3/08/2017$0.200$0.140-30.0%$0.135-32.5%
EHR ResourcesRTOEHX4/08/2017$0.070$0.08014.3%$0.10042.9%
Pure MineralsRTOPM14/08/2017$0.020$0.0200.0%$0.02630.0%
Helios EnergyRTOHE811/08/2017$0.020$0.018-10.0%$0.02735.0%
Synertec CorporationRTOSOP11/08/2017$0.040$0.0400.0%$0.038-5.0%
PyrolyxIPOPLX16/08/2017$1.470$1.4700.0%$1.400-4.8%
WindlabIPOWND23/08/2017$2.000$1.850-7.5%$1.920-4.0%
Pursuit MineralsRTOPUR25/08/2017$0.200$0.28040.0%$0.25527.5%
Scout SecurityIPOSCT25/08/2017$0.200$0.23517.5%$0.2000.0%
Calima EnergyRTOCE131/08/2017$0.045$0.0486.7%$0.0486.7%


To receive invitations to participate in upcoming IPO opportunities, 
become a member here.

The team at

IPO Society
The information contained on this website in no way reflects the opinions of IPO Society. It is provided for informational services only. It does not constitute an offer to sell or a solicitation to buy any security or other financial instrument.

The information is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser. Detailed information may be needed to make an investment decision, for example: financial statements; a business plan; information about ownership of intellectual or industrial property; or expert opinions including valuations or auditors’ reports.

The information contained on this website is not intended to be the only information on which an investment decision is made and is not a substitute for a disclosure document, product disclosure statement or any other notice that may be required under the Act, as the Act may apply to the investment.

 

Follow us for the latest IPO news
IPO & RTO Tracker, 2017: August Performance
Tagged on:                                                     

Leave a Reply

Your email address will not be published. Required fields are marked *

14 + eighteen =