OFX Transferring Money Internationally to Free

deListed and InvestoGain acknowledge the support of ASX and ASA:

Company floats explained

Last 20 companies that have listed on ASX and NSX
COMPANY	CODE	DATE OF LISTING
AUSTRALIAN CLINICAL LABS LIMITED	ACL	14 May 21
JUNO MINERALS LIMITED	JNO	14 May 21
AUSTRALASIAN GOLD LIMITED	A8G	13 May 21
EP&T GLOBAL LIMITED	EPX	12 May 21
HIREMII LIMITED	HMI	11 May 21
NICKELX LIMITED	NKL	07 May 21
QMINES LIMITED	QML	06 May 21
GLOBAL LITHIUM RESOURCES LIMITED	GL1	06 May 21
BLACK CANYON LIMITED	BCA	05 May 21
MLG OZ LIMITED	MLG	04 May 21
ALBION RESOURCES LIMITED	ALB	30 Apr 21
PETER WARREN AUTOMOTIVE HOLDINGS LIMITED	PWR	27 Apr 21
MIGHTY KINGDOM LIMITED	MKL	21 Apr 21
LATITUDE FINANCIAL SERVICES GROUP LIMITED	LFS	20 Apr 21
92 ENERGY LIMITED	92E	15 Apr 21
ICENI GOLD LIMITED	ICL	14 Apr 21
PROPELL HOLDINGS LIMITED	PHL	14 Apr 21
ISLAND PHARMACEUTICALS LIMITED	ILA	13 Apr 21
DELOREAN CORPORATION LIMITED	DEL	12 Apr 21
TECHGEN METALS LTD	TG1	07 Apr 21

See below to download
details of floats 2003-2019

A company floats when it lists on the stock exchange and sells its shares to the public by way of a prospectus.

What is a prospectus?

Listing or “going public” means the company has to comply with the stock exchange’s listing rules when it floats and issue a prospectus. The prospectus is an invitation to the public to buy shares in the company and thus raise money for working capital or acquisitions. It explains in some detail what the company intends to do with the money it raises.

Floating a company on a stock exchange is costly and complex and many companies avoid it to some extent by merging with an existing entity that has failed. They thus gain “back door entry” to the exchange.

Should I invest in a new float?

Not so long ago a specialist website service monitored new company floats over a number of years and concluded investors would be better off avoiding new floats. We agree unless you are an experienced investor. Pacific Brands, Boart Longyear and Repco are examples of companies that were leveraged up and listed at high multiples, before subsequently collapsing.

Getting advice?

The “average” investor should be wary of investing in start up and small companies. Stock exchanges serve as a nursery for small companies, some of which prosper and grow, while many others fall by the wayside. If you are contemplating investing in a new company, we recommend you research it thoroughly first and obtain investment advice from a broker.

Downloading details of floats?

We have been following the outcomes of floats on ASX since 2003. Details are available in Excel files to members and prepaid members. These files provide the following data for each company:

Float date

Company

ASX Code

Float day opening price

Float day closing price

Date of first name change

Events subsequent to float (to 2014)

Status early January 2017

Current ASX Code

(Note: all files are for the calendar year and were last updated early January 2020)

Please click on the appropriate link below:

2003	2004	2005	2006	2007	2008
2009	2010	2011	2012	2013	2014
2015	2016	2017	2018	2019	2020
All to 2020

Investigate before you invest again to InvestoGain

We.....

Thank you for the wonderful service you provide through your website. I've had the pleasure of selling a parcel of shares: easy, efficient, and very cost-effective. And I especially like the super-easy way your site allows me to chase up companies' various name changes, and so remain up-to-date.
I Brandli, Coffs Harbour NSW

…out of all the exchanges that I do research for, your particular web site makes finding information so easy. I wish the rest of the world would follow your footsteps. Reuters

Thank you so much for assisting with this. I contacted the registry today and they did confirm there are …… shares [value: $42,000] in my sister’s name. I have put ......... in contact with them so she can update her address and will thereafter be able to claim the dividends [value: $3764] and sell her shares if she chooses. We really appreciate your help, this money will be of huge assistance to ..... What a fantastic service you provide.