Announcements

Initial public offerings (IPOs) are getting bigger as technology and finance companies account for more listings on the ASX while a record 20% of ASX listings were by foreign businesses in 2015 with more to come, Tim Eisenhauer, managing director of OnMarket BookBuilds, has told an Australian Shareholders’ Association (ASA) conference today.

Fintech companies are moving in on traditional financial services providers as their products and services gain popularity, grabbing market share and talent while forcing down costs. Traditional jobs may be lost and even one of the big four banks could disappear, according to a panel of the nation’s leading fintech entrepreneurs speaking today at the Fintech CEOs on the Future of Finance seminar, being hosted by OnMarket BookBuilds.

Ground-breaking technology from OnMarket BookBuilds (OMB) has allowed investors to reap strong returns from investing in ASX Initial Public Offerings (IPOs), with average returns as high as 86% after one year, highlighting the real rewards of backing public floats. 

The Australian Initial Public Offerings (IPOs) market is delivering a robust performance, with returns from companies listing on the Australian Securities Exchange (ASX) striking 1.3% over the first quarter, a strong 6.7% outperformance of the S&P/ASX 200, according to a new barometer, the OnMarket First Quarter IPO Report.

New official data reveals the volume of data being downloaded on mobile telephones has skyrocketed to a record high, with much of the growth driven by rising app usage, according to Ben Bucknell, chief executive of OnMarket BookBuilds (OMB), the creator of the world’s first app giving investors free and fair access to Initial Pubic Offerings (IPOs).

A rise in the number of self-managed superannuation funds (SMSF) to record numbers during the December 2015 quarter highlights the appeal of do-it-yourself investing, but SMSFs still pumped millions into cash, with Ben Bucknell, chief executive of OnMarket BookBuilds (OMB), warning that such a strong cash bias could harm wealth creation over the longer term.

Banking was one of the most popular reasons people used the internet in 2014-15 – and that trend is expected to fuel growth in the number of people buying and selling shares over the internet, according to Ben Bucknell, chief executive of OnMarket BookBuilds (OMB).

Some of the most impressive equity returns in Australia have been gained from investing in ASX Initial Public Offerings (IPOs) and equity placements rather than established indices or so-called ‘blue-chip’ shares, says Ben Bucknell, chief executive of OnMarket BookBuilds (OMB), an Australian fintech behind OnMarket, an innovative online investment access portal that gives all investors direct access to ASX IPOs.