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IPOs Outperform In 2016

Australia | Oct 17 2016

This story features AURORA LABS LIMITED, and other companies. For more info SHARE ANALYSIS: A3D

Download related file: OnMarket-Third-Quarter-IPO-Report-FN-Arena

Initial public offerings (IPO) conducted on the Australian stock market in the September quarter numbered 24, bringing the year to date total to 58, up 9.4% from the year before. Listings were dominated by the IT (27%) and financials (16%) sectors.

The average first day return on September quarter IPOs was 17.9% compared to only 4.1% last year. Year to date, IPOs have outperformed the ASX200 by 24.6%.

The biggest price movers since listing in the September quarter are 3D metal printing specialist Aurora Labs ((A3D)), up 500%, producer of cloud-based parental control software Family Zone ((FZO)), up 43%, and sleep-related medical device company Oventus Medical ((OVN)), up 42%.

A full list of IPOs and return analysis is provided in the attached document, published by OnMarket BookBuilds in association with FNArena.

See also "The Future Has Arrived In Australia", published on 26th September 2016.

Find out why FNArena subscribers like the service so much: "Your Feedback (Thank You)" – Warning this story contains unashamedly positive feedback on the service provided.

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CHARTS

A3D OVN

For more info SHARE ANALYSIS: A3D - AURORA LABS LIMITED

For more info SHARE ANALYSIS: OVN - OVENTUS MEDICAL LIMITED