I see there's a front page story in The Australian today in regards to Powerwrap "moving full steam ahead" for an ASX listing.
Apparently they think all the people leaving the big guys (AMP,IOOF etc) for financial advice will be a boon for Powerwrap.
I've yet to see too many IPO's go well after listing. Dare I say....most tank. But they are targeting "High net worth" people and they have plenty of other peoples hard earned money to throw around (When they aren't buying racehorses @ the Magic Millions :/ )
Good luck to them. I guess if they do well, we might do well.
Won't hold my breath though.
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Last
$1.22 |
Change
0.000(0.00%) |
Mkt cap ! $41.84M | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.22 | $1.22 | $37.70K | 30.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 54094 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 50000 | 1 |
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| Last trade - 12.44pm 05/09/2025 (20 minute delay) ? |
| NGE (ASX) Chart |