Have a look at this site and compare the number of ASX IPOs in previous years to what we have seen in 2023. Only 30 IPOs in 2023. Those to IPO last year have performed well, up 24% on average, but in the main the IPO results have been pretty disastrous the last few years.
Whilst I'm not happy to have my capital tied up, I also don't believe the time has been right for anyone to IPO. I just want the waiting game to be over, a ruling made and we just accept whatever the outcome is. Personally, I can't stand the behaviours on this forum from both sides. What is there to be gained from a personal attack anyway?
YEAR
#IPOs
Avg Day 1 Return
Avg Return since IPO
1
2020
76
32.1%
-39.9%
2
2021
202
19.3%
-36.2%
3
2022
88
16.4%
24.2%
4
2023
30
5.1%
-14.3%
SP1 Price at posting:
$1.07 Sentiment: Hold Disclosure: Held
