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Australian stock market and new IPO & Floats

 

Companies that have listed on ASX in the previous two months. Click the Company asx code in 2nd column in table below to check out the current price on Australian markets

Initial public offering (IPO)
From Wikipedia, the free encyclopedia

asx centre of liquidity australia

An initial public offering (IPO) or stock market launch is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time. Through this process, a private company transforms into a public company. Initial public offerings are used by companies to raise expansion capital, to possibly monetize the investments of early private investors, and to become publicly traded enterprises.

 

IPO and recent floats on the australian stock market

Company name ASX code Listing date 1st day’s trading  
Open Close
CHINA INTEGRATED MEDIA CORPORATION LIMITED CIK 25/02/2013 0 0  
LION SELECTION GROUP LIMITED. LSX 13/03/2013 0.65 0.69  
MALABAR COAL LIMITED MBC 28/03/2013 1.04 0.84  
NAOS EMERGING OPPORTUNITIES COMPANY LIMITED NCC 26/02/2013 0.98 1  
NATIONAL RMBS TRUST 2012-2 SERIES 2012-2 NAH 15/03/2013 N/A N/A  
PERPETUAL RESOURCES LIMITED PEC 28/02/2013 0 0  
SERIES 2012-1E REDS TRUST RFB 14/03/2013 N/A N/A  
SERIES 2013-1 WST TRUST WSQ 03/04/2013 N/A N/A  
SPDR S&P WORLD EX AUSTRALIA FUND WXO 19/03/2013 N/A N/A  
STRATA-X ENERGY LIMITED SXA 12/03/2013 0.33 0.35  
SWALA ENERGY LIMITED SWE 18/04/2013 0.2 0.19  
TALON PETROLEUM LIMITED TPD 28/02/2013 0.1 0.105  
TLOU ENERGY LIMITED TOU 09/04/2013 0.5 0.53  
TORRENS SERIES 2013-1 TRUST TNB 14/03/2013 N/A N/A  
US SELECT PRIVATE OPPORTUNITIES FUND II USG 09/04/2013 1.6 1.6  

 

Reasons for listing as an ipo

When a company lists its securities on a public exchange, the money paid by the investing public for the newly issued shares goes directly to the company (primary offering) as well as to any early private investors who opt to sell all or a portion of their holdings (secondary offering) as part of the larger IPO. An IPO, therefore, allows a company to tap into a wide pool of potential investors to provide itself with capital for future growth, repayment of debt, or working capital

Upcoming new floats on the australian market

 

The entities listed below have made application for admission to the official list of ASX Australian shares. Part of this application process includes the allocation of a provisional ASX code.

It is advisable to obtain investment advice before making any investment decisions relying on information provided on a third party site, and the entity’s offer document should be read in its entirety before any decision to invest in the entity’s securities is made.

Company Proposed ASX code * Proposed listing date/time
Austral Resources Limited AZW 24 April 2013 #
Classic Minerals Ltd CLZ TBA
Coke Resources Limited CKE TBA
IPB Petroleum Limited IPB 30 April 2013
Kin Mining NL KIN TBA
Laramide Resources Ltd LAM TBA
Longreach Resources Limited LOR 22 April 2013 #
Macquarie Gold Limited MQX 24 April 2013 ##
Mighty River Power Limited MYT 10 May 2013 #
Perth Resources Limited PRD TBA
Priority One Network Group Limited POR Application Withdrawn
Rental Management Investment Trust RTI TBA
Shine Corporate Ltd SHJ 15 May 2013 #
Sino Australia Oil & Gas Limited SAO 28 June 2013 #
Tropicana Gold Limited TPO TBA

 

*Listing dates are anticipated dates for first quotation of securities set by ASX following completion of admission procedures and proposed dates for first quotation of securities set out in the entity’s prospectus or information memorandum. However, they are subject to change without notice and you may not rely on this information in any way

Public offering
From Wikipedia, the free encyclopedia

A public offering is the offering of securities of a company or a similar corporation to the public. Generally, the securities are to be listed on a stock exchange. In most jurisdictions, a public offering requires the issuing company to publish a prospectus detailing the terms and rights attached to the offered security, as well as information on the company itself and its finances. Many other regulatory requirements surround any public offering and they vary according to jurisdiction.

Public offering without listing
From Wikipedia, the free encyclopedia
A public offering without listing, often called a POWL deal or a POWL, is a form of public equity offering by non-Japanese firms in the Japanese market, without the previously required simultaneous listing on a local exchange. Equity offerings via POWL have been a common part of Asia regional public offerings since the early 1990s, with Japanese investors often taking more than 20% of the offering through this format

if you need  more stock tips on the australian stock market you can visit  australianstockwatch.com  or www.australianpennystocks.com for penny stocks  tips and  hot shares

 
 
 

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