Hello Im Rachael Jones and you are watching the IPO Corner Show live from Sydney. Despite
an uncertain environment in 2021 – the global IPO market has gone gangbusters. According to a report
out by Earnst and Young this week, globally 2021 saw a total of 2,388 deals raising $633.72 billion
in proceeds, a over 60 per cent increase year on year. Around the world, the technology sector saw
the highest number of IPOs with 611 for the sixth consecutive quarter since the third quarter of
2020 and raised the highest proceeds $206.19 billion for the seventh consecutive quarter
since the second quarter of 2020. Health care raised the next highest by volume and proceeds,
seeing 376 IPOs and Industrials was not far behind health care, with 310 IPOs. Back home,
we are continuing to see busy IPO weeks with the Australian sercurities exchange welcoming nine new
stocks this week. Mining stocks will dominate the IPO market this week. The one non-mining company
is Atturra, formerly known as FTS Group. The company designs and maintains I.T. systems.
It’s website says it has proven processes, honed from thousands of technology deployments
across dozens of industries and hundreds of organisations nationwide, which result in
effective and elegant end-to-end outcomes. They have grown their revenues by over 20%
in the last three years, and its client list is pretty impressive with the likes of Ampol,
Lion Nathan, and the Department of Defence and Department of Agriculture. Their
issue price is 50 cents and they are hoping to raise almost $25 million. Their underwriters are
Morgans and Shaw and Partners. DMC Mining listed today under the ticker code DMM. They are a
mineral exploration company with a primary focus on identifying and acquiring prospective nickel,
copper, gold and other base metal assets in Western Australia. Their issue price is 20
cents and they are looking to raise $5 million. explorer with projects in WA. Falcon Metals
at 2 pm looks for gold in Victoria’s Bendigo region. Infinity Mining is set to list at 3
pm. They explore for gold and rare earths in WA. Their issue price is 20 cents and
they are looking to raise $10 million. Rubix Resources is set to list on the 23rd of December.
They have secured rights to four exciting projects, targeting high grade copper,
nickel, PGE’s, zinc and gold, one in Paperbark in Queensland, Etheridge also in Queensland,
Collurabbie North, in Western Australia and Lake Johnston also in WA. Rubix Resources intends to
offer approximately 22,500,000 ordinary shares at an offer price of $0.20 as part of admission
to the ASX. They are looking to raise $4 point 5 million. Mineral Exploration company Falcon metals
is set to lost today with the ticker code FAL. They have an issue price of 50 cents
and are looking to raise $30 million. The listing of Greentech Metals has been pushed back
to Friday. To invest in an IPO, prospective investors need to be registered with
a participating broker or lead manager. Investors can also apply themselves by filling
the application form attached to the company’s prospectus. Those who have missed out due to too
many applications, they to register with a share trading platform or a broker who has the access
to the ASX. However, before investing in IPOs, investors must check the credibility and
the track record of the company. The risk appetite level varies by investors, and they need to
consider factors such as analysts’ view, brokerage ratings, industry outlook, financial performance,
and the peers review before making an investment decision. Well, that’s all for now on the IPO
Corner show! Stay tuned to Kalkine TV as we have many more shows lined up for you for sharing live
updates across the economy, markets, and sectors. This is Rachael signing off!