WHY NOVUS CAPITAL?

is an investment and financial services company specialising in Investment Banking, Corporate Advisory and Share Trading services for Australian corporate and private clients, and overseas corporate clients.

CONTACT INFO
  • Address: Level 24, Royal Exchange Building, 56 Pitt Street, Sydney, NSW 2000 Australia
  • Phone: +61 2 9375 0100
  • Email: Contact Us

News and discussions from Novus Capital

2018 - Half Year IPO Report

Deloitte Half Year 2018 IPO Report

IPOs struggle to make first half mark as second half looks brighter

Australian IPOs delivered a muted performance in the first half of 2018, with more losers than winners, but positive global performance, a record year for US markets and strong local economic fundamentals, provide a real sense of optimism going into the second half.

Key Points from Deloitte's latests IPO update covering the half year yo 30 June 2018 include:

  • 40 companies successfully listed, raising $1.8 billion, compared to 57 listings in the same period in 2017
  • 16 (40%) experienced negative returns, with weighted average performance of -1.5%
  • Financial services was the dominant sector, accounting for 89% of the capital raised - however listed investment funds represented a significant proportion of the raising
  • Only 10 (25%) of the listings raised capital in excess of $75M
For more on this topic  go  to  Deloitte's  Australian website