Telix Pharmaceuticals (ASX:TLX) – up 1,509% And it welcomed Mineral Resources (ASX: MIN) as a substantial shareholder, buying a 5% stake for ~$30m. Not only did it find further lithium, but it inked a 10-year offtake deal for the spodumene concentrate with Suzhou TA&A Ultra Clean Technology for at least 30% of its available output. Not so with this stock. Global Lithium Resources owns the Marble Bar Lithium project, named after the nearby Western Australia town, along with the Manna lithium project – also in Western Australia.Īt the time it listed, it had already done significant exploration work, declaring a maiden JORC Inferred Mineral Resource at both projects with 18.4Mt lithium at a grade of just over 1%. And the good news continued once it listed. So many resources IPOs record one or two goods hits, but are then never heard from again. Global Lithium Resources (ASX:GL1) – up 600% WiseTech’s main product is CargoWise One, a cloud-based end-to-end logistics execution platform that freight forwarders and other logistics companies can use to manage their businesses. Over 18,000 logistics organisations across 150 countries rely on WiseTech software to facilitate the movement and storage of all types of goods, including 24 of the top 25 global freight forwarders and 41 of the top 50 global Third Party Logistics Providers. This company rode the 2010s Tech Wave and largely avoided the 2022 Tech Wreck because it is in arguably the best sector to be as a Tech company, i.e. the logistics space – a sector that arguably needs WiseTech’s products more than ever considering supply chain disruptions. A2M manufactures and exports milk and infant formula all around the world, but made significant money from China – until the market was hit by the pandemic. This company was already listed on the NZX and dual-listed in Australia without raising fresh capital. But had you bought in at 56c per share in mid-2015, you would have an 869% return today, even with the company down over 70% from its all time highs in mid-2020. GET A 3-MONTH FREE TRIAL TO CONCIERGE TODAY Best ASX IPOs Concierge is outperforming the market by a significant margin! We only send out alerts on very high conviction stocks following substantial due diligence and our stop loss recommendations limit downside risks to individual stocks and maximise total returns. It is always a big adjustment to listed life, even for well-established businesses, because of the level of scrutiny. Things that are outside the company’s control can go wrong, even if there were no IPO red flags. But if things go well, the returns can be substantial.ĭo you need solid trading & investment ideas on the ASX? Stocks Down Under Concierge can help! Concierge is a service that gives you timely BUY and SELL alerts on ASX-listed stocks – with price targets, buy ranges, stop loss levels and Sell alerts too. Investing in IPOs is a big risk because there is no guarantee things will go well. In this article, we recap the best ASX IPOs in the last decade.
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