IPO & RTO Tracker, 2017: November Performance

IPO & RTO Tracker, 2017: November Performance

New Listings

As the end of the year approaches, numerous companies took the opportunity to list before market activity slows over the Christmas holidays. With this, 15 businesses made their debut on the ASX. All but one of these companies opted for an IPO, raising new funds as part of their listing. Continuing this year’s underlying theme, resources stocks were once again the most represented sector looking to raise funds, although IT businesses, financial firms, and consumer facing companies were also well represented.

Although a few of the debutants disappointed their investors across the span of the month, several stocks delivered their owners lofty returns. In fact, 8 of the newly listed companies posted a return exceeding 20% throughout November.

Taking out the top spot for the month was IXUP (ASX: IXU), with an increase of 132.5% from its 20c IPO price. The software company, which specialises in data sharing and collaboration, also posted the largest opening day gain among any of the new debutants for the month.

Turning to the other standout performers, Tando Resources (TNO) notched up an opening day increase of 97.5%, although saw half of these gains trimmed by the month’s close. The next best performing IPO across all of November was 5G Networks, which delivered a return of 56.0% on its 25c listing price.

 

Major Movers from 2017

November was a month of significant movement for this year’s other ASX debutants. Following the general bullish trend of the market, several companies rocketed throughout the month.

More specifically, there were 5 companies which increased by at least 90%, including a couple regular achievers. Said companies included: Elsight (ELS: up 90%); Galena Mining (G1A: up 91%); The Hydroponics Company (THC: up 154%); AuMake International (AU8: up 183%); and Golden Mile Resources (G88: up 504%).

Unsurprisingly, the share price for each of these companies was buoyed by strong news and price sensitive announcements. ELS played host to Australian Government delegates. G1A reported “exceptional drill results at Abra Base Metal Deposit”. THC signed a distribution agreement with a major European supplier and a separate partnership with an Israeli cannabis company. AU8 confirmed two acquisitions, a strategic alliance and provided a business update. Finally, G88 provided multiple updates on nickel intercepts at its Quicksilver project.

For the second consecutive month, and confirming its position as the year’s worst performing float, ServTech Global Holdings (SVT) crashed another 60% to a new low of 2c per share. The company’s stock price has now dropped 90% since its debut in mid-March. The latest decrease follows news the company had sought new funding, restructured its board, and experienced setbacks with the sale of its Rent Roll business.

 

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%$0.790690.0%
Winha Commerce & Trade InternationalIPOWQW5/01/2017$0.350$0.49040.0%$0.55057.1%
Asset OwlRTOAO16/01/2017$0.200$0.165-17.5%$0.140-30.0%
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%$0.070-65.0%
Zenitas HealthRTOZNT13/01/2017$1.000$0.900-10.0%$1.18518.5%
Freehill MiningIPOFHS16/01/2017$0.200$0.150-25.0%$0.076-62.0%
Kalamazoo ResourcesIPOKZR16/01/2017$0.200$0.2105.0%$0.145-27.5%
Thorney TechnologiesRTOTEK18/01/2017$0.200$0.23015.0%$0.25527.5%
Davenport ResourcesIPODAV20/01/2017$0.200$0.195-2.5%$0.082-59.0%
Blackstone MineralsIPOBSX23/01/2017$0.200$0.2052.5%$0.540170.0%
Murray Cod AustraliaRTOMCA31/01/2017$0.050$0.05816.0%$0.06326.0%
Cobalt BlueIPOCOB2/02/2017$0.200$0.22010.0%$0.37587.5%
Auscann GroupRTOAC83/02/2017$0.200$0.22010.0%$0.790295.0%
Velocity Property GroupIPOVP77/02/2017$0.200$0.2052.5%$0.077-61.5%
Ardea ResourcesIPOARL9/02/2017$0.200$0.180-10.0%$1.590695.0%
Roto-Gro InternationalIPORGI10/02/2017$0.200$0.2157.5%$0.440120.0%
eSense-LabIPOESE14/02/2017$0.200$0.25527.5%$0.35075.0%
SportsheroRTOSHO15/02/2017$0.050$0.05510.0%$0.07040.0%
MetalsTechIPOMTC24/02/2017$0.200$0.27035.0%$0.28542.5%
Switzer Divident Growth FundIPOSWTZ24/02/2017$2.500$2.5100.4%$2.5903.6%
Tianmei Beverage GroupIPOTB828/02/2017$0.200$0.23517.5%$0.135-32.5%
Eildon CapitalIPOEDC28/02/2017$1.060$1.0801.9%$1.0650.5%
DawineRTODW828/02/2017$0.020$0.02945.0%$0.014-30.0%
Quantify TechnologyRTOQFY8/03/2017$0.060$0.07626.7%$0.0658.3%
Matador MiningIPOMZZ8/03/2017$0.200$0.26030.0%$0.28040.0%
JiaJiafu Modern AgricultureIPOJJF9/03/2017$0.300$0.260-13.3%$0.115-61.7%
Wattle Health AustraliaIPOWHA15/03/2017$0.200$0.2000.0%$1.885842.5%
Marquee ResourcesIPOMQR15/03/2017$0.200$0.22010.0%$0.25025.0%
ServTech Global HoldingsIPOSVT17/03/2017$0.200$0.2105.0%$0.020-90.0%
Fat Prophets Global Contrarian FundIPOFPC22/03/2017$1.100$1.1353.2%$1.1706.4%
Bigtincan HoldingsIPOBTH24/03/2017$0.260$0.240-7.7%$0.2859.6%
Visioneering TechnologiesIPOVTI28/03/2017$0.420$0.4456.0%$0.360-14.3%
Lithium Consolidated Mineral ExplorationIPOLI328/03/2017$0.200$0.180-10.0%$0.165-17.5%
I Synergy GroupIPOIS330/03/2017$0.200$0.197-1.5%$0.170-15.0%
Todd River ResourcesIPOTRT6/04/2017$0.200$0.23015.0%$0.140-30.0%
De. MemIPODEM7/04/2017$0.200$0.450125.0%$0.27537.5%
MoelisIPOMOE10/04/2017$2.350$3.15034.0%$6.480175.7%
URB InvestmentsIPOURB12/04/2017$1.100$1.090-0.9%$1.070-2.7%
E2 MetalsIPOE2M19/04/2017$0.200$0.155-22.5%$0.135-32.5%
Tinybeans GroupIPOTNY21/04/2017$1.000$0.950-5.0%$0.700-30.0%
AquabotixIPOUUV28/04/2017$0.200$0.195-2.5%$0.088-56.0%
Big River IndustriesIPOBRI1/05/2017$1.460$1.5103.4%$2.29056.8%
MobilicomIPOMOB2/05/2017$0.200$0.2000.0%$0.130-35.0%
Morphic Ethical Equities FundIPOMEC3/05/2017$1.100$1.065-3.2%$1.075-2.3%
Bingo IndustriesIPOBIN3/05/2017$1.800$1.760-2.2%$2.26025.6%
MSL SolutionsIPOMPW4/05/2017$0.250$0.2552.0%$0.28012.0%
CANN GroupIPOCAN4/05/2017$0.300$0.645115.0%$3.000900.0%
The Hydroponics CompanyIPOTHC4/05/2017$0.200$0.405102.5%$0.825312.5%
Plato Income MaximiserIPOPL85/05/2017$1.100$1.080-1.8%$1.085-1.4%
Oceania HealthcareIPOOCA5/05/2017$0.740$0.7400.0%$0.88018.9%
Field Solutions HoldingsRTOFSG8/05/2017$0.030$0.0313.3%$0.03310.0%
ZoonoRTOZNO9/05/2017$0.200$0.180-10.0%$0.39597.5%
Zenith EnergyIPOZEN9/05/2017$0.500$0.55010.0%$0.66533.0%
G Medical Innovations HoldingsIPOGMV10/05/2017$0.200$0.140-30.0%$0.405102.5%
Benjamin HornigoldIPOBHD12/05/2017$1.000$1.0707.0%$0.880-12.0%
Magmatic ResourcesIPOMAG19/05/2017$0.200$0.2000.0%$0.130-35.0%
Ausmex Mining GroupRTOAMG30/05/2017$0.080$0.0800.0%$0.065-18.8%
ElsightIPOELS8/06/2017$0.200$0.145-27.5%$1.435617.5%
Alderan ResourcesIPOAL89/06/2017$0.200$0.38090.0%$1.950875.0%
Golden Mile ResourcesIPOG8819/06/2017$0.200$0.185-7.5%$0.785292.5%
Kelly Partners GroupIPOKPG21/06/2017$1.000$1.36036.0%$1.60060.0%
Oliver's Real FoodsIPOOLI21/06/2017$0.200$0.24020.0%$0.180-10.0%
Imagion BiosystemsIPOIBX22/06/2017$0.200$0.160-20.0%$0.099-50.5%
ReTechIPORTE22/06/2017$0.500$0.5306.0%$0.420-16.0%
Calidus ResourcesRTOCAI22/06/2017$0.020$0.0200.0%$0.040100.0%
Contango Global GrowthIPOCQG23/06/2017$1.100$1.1100.9%$1.030-6.4%
WAM MicrocapIPOWMI28/06/2017$1.100$1.1201.8%$1.33020.9%
ELMO SoftwareIPOELO29/06/2017$2.000$2.50025.0%$3.38069.0%
AudinateIPOAD830/06/2017$1.220$1.53025.4%$2.30088.5%
Eagle HealthIPOEHH3/07/2017$0.400$0.4358.7%$0.365-8.8%
New Century ResourcesRTONCZ20/07/2017$0.150$0.380153.3%$1.505903.3%
Convenience Retail REITIPOCRR27/07/2017$3.000$2.990-0.3%$2.790-7.0%
American Pacific Borate & LithiumIPOABR28/07/2017$0.200$0.23015.0%$0.33065.0%
Evans & Partners Global Disruption FundIPOEGD1/08/2017$1.600$1.6805.0%$1.99024.4%
SpecturIPOSP31/08/2017$0.200$0.455127.5%$0.410105.0%
Nusantara ResourcesIPONUS2/08/2017$0.420$0.4302.4%$0.315-25.0%
Sienna Cancer DiagnosticsIPOSDX3/08/2017$0.200$0.140-30.0%$0.125-37.5%
EHR ResourcesRTOEHX4/08/2017$0.070$0.08014.3%$0.11057.1%
Pure MineralsRTOPM14/08/2017$0.020$0.0200.0%$0.02420.0%
Synertec CorporationRTOSOP11/08/2017$0.040$0.0400.0%$0.037-7.5%
Helios EnergyRTOHE811/08/2017$0.020$0.018-10.0%$0.066230.0%
PyrolyxIPOPLX16/08/2017$1.470$1.4700.0%$1.150-21.8%
WindlabIPOWND23/08/2017$2.000$1.850-7.5%$1.750-12.5%
Pursuit MineralsRTOPUR25/08/2017$0.200$0.28040.0%$0.140-30.0%
Scout SecurityIPOSCT25/08/2017$0.200$0.23517.5%$0.27537.5%
Calima EnergyRTOCE131/08/2017$0.045$0.0486.7%$0.05522.2%
Galena MiningIPOG1A7/09/2017$0.200$0.24020.0%$0.650225.0%
CropLogicIPOCLI12/09/2017$0.200$0.155-22.5%$0.099-50.5%
RightcrowdIPORCW18/09/2017$0.300$0.3000.0%$0.270-10.0%
TitomicIPOTTT21/09/2017$0.200$0.450125.0%$0.900350.0%
Mayur ResourcesIPOMRL21/09/2017$0.400$0.4205.0%$0.920130.0%
Northern CobaltIPON2722/09/2017$0.200$0.2157.5%$0.610205.0%
VGI Global PartnersIPOVG128/09/2017$2.000$1.990-0.5%$2.1708.5%
Okapi ResourcesIPOOKR28/09/2017$0.200$0.33567.5%$0.490145.0%
Doriemus PLCIPODOR29/09/2017$0.260$0.50092.3%$0.2600.0%
AuMake InternationalRTOAU85/10/2017$0.080$0.235193.8%$0.510537.5%
MCP Master Income TrustIPOMXT9/10/2017$2.000$2.0502.5%$2.0703.5%
RiversgoldIPORGL10/10/2017$0.200$0.22010.0%$0.185-7.5%
State GasIPOGAS10/10/2017$0.200$0.35075.0%$0.430115.0%
Bowen Coking CoalRTOBCB11/10/2017$0.023$0.0230.0%$0.022-4.3%
Schrole GroupRTOSCL12/10/2017$0.020$0.03260.0%$0.03470.0%
Fat Prophets Global Property FundIPOFPP16/10/2017$1.100$1.085-1.4%$1.1100.9%
MobecomRTOMBM17/10/2017$0.200$0.29045.0%$0.490145.0%
Bryah ResourcesIPOBYH17/10/2017$0.200$0.22512.5%$0.190-5.0%
NanolloseIPONC618/10/2017$0.200$0.24522.5%$0.180-10.0%
Magellan Global TrustIPOMGG18/10/2017$1.500$1.5302.0%$1.68512.3%
SenSen NetworksRTOSNS18/10/2017$0.100$0.18080.0%$0.16565.0%
Cannpal Animal TherapeuticsIPOCP125/10/2017$0.200$0.170-15.0%$0.22010.0%
Johns Lyng GroupIPOJLG26/10/2017$1.000$1.20020.0%$1.26026.0%
The GO2 PeopleIPOGO231/10/2017$0.200$0.190-5.0%$0.185-7.5%
Registry DirectIPORD11/11/2017$0.200$0.190-5.0%$0.140-30.0%
TNT MinesIPOTIN3/11/2017$0.200$0.26030.0%$0.24020.0%
Tando ResourcesIPOTNO3/11/2017$0.200$0.39597.5%$0.29045.0%
Ocean Grown AbaloneIPOOGA14/11/2017$0.250$0.2500.0%$0.235-6.0%
Lustrum MineralsIPOLRM15/11/2017$0.200$0.22010.0%$0.190-5.0%
Telix PharmaceuticalsIPOTLX15/11/2017$0.650$0.77018.5%$0.647-0.5%
IXUPIPOIXU15/11/2017$0.200$0.440120.0%$0.465132.5%
5G NetworksIPO5GN17/11/2017$0.250$0.2604.0%$0.39056.0%
Netwealth GroupIPONWL20/11/2017$3.700$5.32043.8%$5.33044.1%
Santa Fe MineralsRTOSFM22/11/2017$0.100$0.12525.0%$0.12020.0%
People InfrastructureIPOPPE22/11/2017$1.000$1.30030.0%$1.35535.5%
SelfwealthIPOSWF23/11/2017$0.200$0.160-20.0%$0.160-20.0%
Propel Funeral PartnersIPOPFP23/11/2017$2.700$3.30022.2%$3.41026.3%
Bio-Gene TechnologyIPOBGT29/11/2017$0.200$0.2000.0%$0.22010.0%
Cape RangeIPOCAG30/11/2017$0.200$0.2052.5%$0.2052.5%


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IPO & RTO Tracker, 2017: November Performance
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