MEDIA RELEASE: Continued surge in small-cap listings powers IPOs to an impressive 61.6% average return in 2017: OnMarket Report
Smaller IPOs on average up 69.8%, outperforming large IPOs.
OnMarket will be one of the first businesses in Australia to raise capital this year through ‘the crowd’, following the Australian Securities and Investments Commission’s approval of its equity crowdfunding licence, announced today.
Total Return includes returns from options, open + closed positions, at 1/11/2017
AUSTRALIANS will soon be able to invest as little as $50 into early stage companies, as part of sweeping Federal Government reforms that will allow entrepreneurs and social activists to grow their own businesses from the ground up.
Initial public offerings (IPOs) of materials companies set an impressive pace in the first quarter of 2017, with 10 companies listing on the Australian Securities Exchange (ASX) from a total 26 floats, up from two in the same period last year, according to the OnMarket 2017 First Quarter IPO Report.
Smaller initial public offerings (IPOs) easily outperformed larger IPOs on the Australian Securities Exchange (ASX) in 2016, while company floats as a sector delivered much better returns than the broader share market, according to OnMarket 2016 IPO Report.
The technology and healthcare sector accounted for six of the Top 10 IPOs in 2016, with the IT sector taking over from resources as the most active capital-raising sector on the Australian Securities Exchange (ASX), according to Ben Bucknell, Chief Executive of OnMarket BookBuilds (OMB).
Year-to-date returns on Australian Initial Public Offerings (IPOs) sat at an impressive 35.8% as at November 30, compared to just 2.7% for the S&P/ASX200, a sign of a healthy company float market, according to Ben Bucknell, Chief Executive of OnMarket BookBuilds (OMB).
Innovative fintech company OnMarket BookBuilds (OMB) has today announced a world-first partnership with the multi-award winning loyalty program of Virgin Australia, Velocity Frequent Flyer. The partnership will allow investors to earn Velocity Points on investments they make in Initial Public Offerings (IPOs)