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1.IPO results, 1.Market Observations, 8.Was Sticky

26 July 2017 (AFR) – IPOs: Mining minnows and marijuana stocks dominate IPOs

[COMMENT: I never encourage participation in IPOs of any sort, based on personal experience many years ago, and observations since then – see more details here. But this news story might be of interest to keen investors and traders.]

(26 July 2017, AFR, p22, by James Frost)

‘Mining minnows and medical marijuana stocks have been the main drivers of IPO activity in the first half of calendar 2017, with a complete absence of the multibillion-dollar blockbuster raisings of previous years. A half-year review of the newly listed entities on the ASX performed by professional services firm HLB Mann Judd showed that while the overall number of raisings was up the quantum of funds raised was well down on previous years.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

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