In a very encouraging sign that should see the pipeline of new Australian IPO’s continue to swell, online beauty retailer Adore (ASX:ABY) opened up 9% on its offer price to $7.40 before settling more than 2.5% ahead at $6.92. The funds raised are going to be used predominantly on the deployment of a dark fibre network. The post Here’s how Adore Beauty (ASX:ABY) and these new IPOs have fared since listing appeared first on Motley Fool Australia. Aussie beauty marketplace Adore Beauty has lodged its prospectus with the Australian Securities and Investments Commission, as it heads for an IPO worth $269.5 million. Betmakers Technology (BET) could have a bidding war on its hands as it eyes the purchase of some major assets from U.K. Mesoblast (ASX:MSB) granted Fast Track designation for ARDS treatment, ASX Today: Commodities boost for last day of Spring, Pilbara Minerals (ASX:PLS) enters share agreement for Altura Mining’s (ASX:AJM) lithium operations, Treasury Wine Estates (ASX:TWE) eyes other markets to offset Chinese tariffs, Dimerix’s (ASX:DXB) lead candidate chosen for second COVID-19 study, BetMakers (ASX:BET) to buy Sportech businesses for $56.2 million, Harvey Norman to begin selling Spacetalk’s (ASX:SPA) namesake device, Online retailer Adore Beauty (ABY) broke records today as the biggest female-led float to join the Australian Stock Exchange, Founded by Kate Morris in 2000 and helmed by CEO Tennealle O’Shannessy, the country's first beauty-centric eCommerce website began trading under ticker code 'ABY' around midday, Adore Beauty's float was funded by a $269.5 million initial public offering (IPO), which saw investors subscribe for ABY shares at $6.75 a pop, The consumer discretionary stock was buoyed by further success after listing today, at one point trading for over $7.40 per share, Heading into the weekend, Adore shares are worth $6.92 each. "The company’s ability to engage with its customers, combined with its reputation as an online destination for beauty and personal care, represents a sustainable source of competitive advantage which we expect to drivecontinued growth in active customers and revenue," he stated. While this is notably higher than its IPO price of $1.00, it is materially lower than its high. ... Change% = Today's % of change in trading price % Since IPO = (Last Trading Day's Close – IPO Issue Price)/IPO Issue 10 ASX STOCKS IN 10 MINUTES!! IPO activity is starting to surge. At one stage today, the online beauty retailer’s shares were up as much as 10% to $7.42. On Tuesday afternoon the internet provider’s shares are fetching $1.89. ABY Adore Beauty (ASX:ABY) gets ASX makeover in biggest female-led IPO FRI Finbar Group (ASX:FRI) completes Riverena apartments CIM CIMIC's (ASX:CIM) Sedgman wins $166M contract extensions WZR Wisr (ASX:WZR) upsizes warehouse funding to $250M after Q1 growth After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*. Œ1.91%，至2858.5点。 ASX 200 vs Small Ords 本周成为头条新闻的小型股公司有: Sultan Resources (ASX: SLZ) This represents a 13% decline from its IPO price of $6.75.Â. The MyDeal.com.au share price is trading at $1.32 this afternoon. The IPO marks the first time an offering of this size will be brought to the ASX by a female founder, Kate Morris, and a female CEO, Tennealle O’Shannessy. Tip: Try a valid symbol or a specific company name for relevant results # Listing dates are proposed dates for first quotation of securities set out in the entity's prospectus or … Controversial contaminated soil dump proposed for Bacchus Marsh may be blocked, Kylie Jenner stuns in Dior as she poses with her 'snow baby' Stormi, Queensland couple are heroes for risking lives to save group, Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article, Scott just revealed what he believes are the. 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Stockhead lists them all and recaps IPO performance to date in 2020. * ASX codes are proposed only and are subject to change without notice. October 7, 2020: Adore lodges a prospectus with the Australian Securities and Investments Commission for an IPO worth $269.5 million. The Adore Beauty Group Limited (ASX: ABY) share price has been a very strong performer after completing its IPO this morning. WA Kaolin IPO Thread redalice 27 5.2K 0 14/10/20 14/10/20 IPOs Thread Created with Sketch. Note, I am suss and I do hold this stock (approx. Smash that like button for 150+ likes!! The IPO marks the first time an offering of this size will be brought to the ASX by a female founder, Kate Morris, and a female CEO, Tennealle O’Shannessy. The online retail marketplace provider’s shares rocketed 120% higher on their first day on the ASX boards to $2.20. Adore Beauty's float was funded by a $269.5 million initial public offering (IPO), which gave investors the chance to subscribe for ABY shares at $6.75 a pop. Christmas travel: Are trains running and how do you get cheap tickets? While the MyDeal share price went as high as $2.20 on its ASX debut, it failed to hold these gains and is currently $1.26 at the time of writing. Australian technology company Nuix (NXL) has listed on the ASX in a $1.8 billion float. There are 9 upcoming ASX IPOs in the second half of October 2020. MyDeal raised $40 million from its IPO, which comprises $35 million for the company and $5 million for certain existing shareholders. Recent Floats session summarizes a list of new market shares listed on ASX for no more than one year. Connect with friends faster than ever with the new Facebook app. In this FREE STOCK REPORT, Scott just revealed what he believes are the 3 ASX stocks for the post COVID world that investors should buy right now while they still can. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Kate Campbell. When investing expert Scott Phillips has a stock tip, it can pay to listen. Zebit markets itself as the Amazon for the under-served, with a built in buy now pay later platform that provides credit to those that cannot get it elsewhere. Adore Beauty raised $269.5 million from its IPO, giving it a market capitalisation of $635.3 million. Founded by Kate Morris in 2000 and helmed by CEO Tennealle O’Shannessy, the country's first beauty-centric eCommerce website began trading under the ticker code 'ABY' around midday. I go over 10 High Growth ASX stocks in 10 minutes!! HotCopper has news, discussion, prices and market data on ADORE BEAUTY GROUP LIMITED. 'This coming week will be a historic moment,' said the Health Secretary. The IPO was priced at $1.00 with an indicative market capitalisation of $258.8 million at the offer price. The IPO information on the website provided by 61 Financial only serves general information purposes, it does not constitute financial product advice. This is up an impressive 56% from its listing price of $4.41. Kate Campbell October 21, 2020 Adore Beauty, an Australian e-commerce business, is set to list on the Australian Securities Exchange (ASX) on Friday under the stock code ABY. For those that participated in the Adore Beauty IPO (ABY), Morgan Stanley today initiated coverage with an $8.35 price target. 5.2K Created with Sketch. The Motley Fool Australia has no position in any of the stocks mentioned. Adore Beauty launched its IPO on Australian Securities Exchange (ASX) this Friday; the eCommerce retailer was expected to raise more than A$250 million. Following what Wilson Asset Management dubbed as "one of the year's hottest IPOs", Adore Beauty (ASX: ABY) has today landed on the ASX, witnessing a modest rise in its share price. This afternoon the online beauty retailer’s shares are trading at $5.88. Please choose another Invalid Link to all company details and price history. 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Save Up To $50k By Switching To A Lower Rate Loan, 5 Years From Now, You’ll Probably Wish You’d Grabbed This Pick, The Best Live Bands Ever Ranked In Order (Beatles Not Top 5), New $259 million ASX tech player listing Thursday, ASX 200 Weekly Wrap: Promises of easy money push ASX 200 to post-crash high. It’s right now -- at the start of a cycle -- that the higher quality companies usually list. The Motley Fool has a disclosure policy. Join the HotCopper ASX share market forum today for free. Adore Beauty Group Ltd (ASX: ABY) The consumer discretionary stock was buoyed by further success after listing today, at one point trading for over $7.40 per share. Some more successfully than others. Adore Beauty's float was funded by a $269.5 million initial public offering (IPO), which saw investors subscribe for ABY shares at $6.75 a pop. As a result, the retailer now carries a $635.3 million indicative market capitalisation. The company, which sells beauty and skincare products online, saw its shares up 10 per cent to their highest point today of $7.42. 15k). It intends to use the proceeds to drive future growth. The shares of the designer, manufacturer, and seller of workplace respiratory protection equipment (RPE) for healthcare and industrial end markets are trading at $6.88 this afternoon. The Zebit share price has had a disastrous start to life on the ASX boards. This afternoon the online beauty retailer's shares are trading at $5.88. 5 TO SCHEDULE 13D Activist Investment 2019-05-13 sec.gov - Amendment No. A number of shares have completed their IPOs this month and hit the ASX boards. Are you a Company Director ? Learn which companies are planning to go public soon, and when they are scheduling their IPOs. “My Co-Founder James Height and I created Adore Beauty in a garage in Melbourne with a clear purpose – to create an empowering beauty shoppingexperience that would make our customers feel confident and fabulous.". This afternoon the US-based e-commerce company’s shares are changing hands for 97.5 cents. The month of October has certainly been a very busy one for IPOs. 5) Under the Securities Exchange Act of 1934 Atlantica Yield plc (Name of … The IPO was priced at $1.00 with an indicative market capitalisation of $258.8 million at the offer price. Aussie Broadband listed on the Australian share market after raising approximately $40 million through a partially underwritten initial public offering. These stocks are trading at dirt-cheap prices and Scott thinks these could really go gangbusters as we move into ‘the new normal’.