Guys, set up accounts with the major IPO players. I started playing IPO's only end of last year and understood that to get an allocation you need to have an account with the lead brokers. In order to get anything on heavily oversubscribed IPO's you need to have a personal relationship as well. Apart from IPO's you may also be lucky to get into cap raising or RTO's. Their fee is higher than Commsec or online brokers but they are giving you opportunity to make way above what you pay so I do not mind.
OnMarket may become a game changer if they start getting good IPO's. It looks like they evolve in a good direction as starting with Bitcoin was quite daunting... I applied with them for TNT for the first time and will be very disappointed if I do not get anything as it will be against their mission statement. Even if an IPO is heavily oversubscribed to live up to their values they should be giving allocations to all their clients scaling back as required. Let's see....
My last year winners were BWX (bought at open and sold with a nice profit but given the Sp recovered so quickly it was probably premature), UPD (IPO), AHX (IPO), PWH (IPO), VIT (bought at open, got out and back in and hoping it will still deliver). I am into GMM (thanks Nani) as well and the flavour of the month A2M plus a few others, traded in and out. Currently waiting for BGD re-listing.
Good luck to everyone, love this forum and the support people giving each other.
