IPOs are booming in a volatile and relatively weak sharemarket
A large number of our initial public offerings (IPOs) have delivered strong returns in recent times, reminding us that the IPO market continues to be a source of wealth creation for investors. We’ve taken a look at the performance of IPOs we’ve been involved with, focussing on companies greater than $10 million in size and which were available to our overall client base. Of the 20 IPOs that we’ve participated in, the average share price increase is +59.3%. Read our full report - link attached.
Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.