H2Ocean Limited (ASX: H2O) is a listed venture company that will invest in a diversified global portfolio of early and growth stage financial technology companies. It will provide an alternative investment exposure and may also provide a hedge against bank and insurance investments at risk of digital disruption.
Broo Limited (ASX: BEE ) is a unique Australian beer company focused on the production, marketing and sale of two beer products, Broo Premium Lager and Australia Draught Beer. The company has also entered into agreements for the supply and distribution of Broo Premium Lager in China.
India Fund Limited (ASX: INF) will be the only ASX listed investment company solely focussed on Indian listed equities. The Company’s primary objective will be to deliver capital growth by offering an efficient way in which to invest in the long-term growth potential of India.
Powerhouse Ventures Limited (ASX: PVL) is a NZ based company which seeks to identify valuable intellectual property emerging from Australian and NZ universities and Government-owned research institutes. Powerhouse then commercialise the IP through the formation and development of start-up companies.
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Antipodes Global Investment Company Ltd (ASX: APL) will be a listed investment company established to provide investors with access to a global equities portfolio actively managed by Antipodes Partners Ltd. The portfolio will predominantly comprise of long and short positions in international listed securities.
Since the launch of OnMarket BookBuilds, investors have had access to 27 IPOs and placements.
The average returns by days post-listing are
* Number of offers that qualify to be included in calculation. Figures as at 1 September 2016.
Currently, ASX rules require each IPO to have 300-400 shareholders. We believe that this is a major reason that retail investors get some access to IPOs. We think the proposed changes will mean that you receive fewer IPO offers.
In contrast, Hong Kong and Singapore rules require that 25-40% of all IPOs are reserved for retail investors.
If you support the idea of broader, fairer access to IPOs, then make sure your opinion is heard by ASX and ASIC by completing the form below.
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