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Download 2003 to 2023 floats files
Last 20 companies that have listed on ASX and NSX | ||
COMPANY | CODE | DATE OF LISTING |
SYMAL GROUP LIMITED | SYL | 21 Nov 24 |
SAPPHIRE XXX SERIES 2024-2 TRUST | SP5 | 14 Nov 24 |
BLUESTONE PRIME 2024-1 TRUST | BS1 | 14 Nov 24 |
NATIONAL RMBS TRUST 2024-1 | RM1 | 08 Nov 24 |
METRO FINANCE 2024-1 TRUST | MF4 | 01 Nov 24 |
PANORAMA AUTO TRUST 2024-3 | PA4 | 31 Oct 24 |
MERINO & CO. LIMITED | MNC | 30 Oct 24 |
RESIMAC SERIES 2024-1NC | RA3 | 28 Oct 24 |
METRICS REAL ESTATE MULTI-STRATEGY FUND | MRE | 16 Oct 24 |
SAPPHIRE XXIX SERIES 2024-1 TRUST | SP4 | 04 Oct 24 |
PROGRESS 2024-1 TRUST | POG | 24 Sep 24 |
WEBJET GROUP LIMITED | WJL | 23 Sep 24 |
NOW TRUST 2024-1 | NW1 | 17 Sep 24 |
AFG 2024-1 TRUST SERIES 2024-1 | AF4 | 13 Sep 24 |
NUREN GROUP LIMITED | NRN | 06 Aug 24 |
BHAGWAN MARINE LIMITED | BWN | 30 Jul 24 |
PEPPER SPARKZ TRUST NO. 8 | PU8 | 26 Jul 24 |
LION SERIES 2024-1 TRUST | LN3 | 25 Jul 24 |
ALCOA CORPORATION | AAI | 24 Jul 24 |
AXEL REE LIMITED | AXL | 22 Jul 24 |
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 |
2021 | 2022 | 2023 | All to 2023 |