28-12-2015, 10:49 PM
(This post was last modified: 28-12-2015, 10:54 PM by CY09.
Edit Reason: Edits
)
It is interesting to learn that a Singapore based company has done an IPO on the ASX recently.
Known as Digimaticgroup. The company provides mobile advertising and marketing solutions for companies and is based at Ubi Boustead Centre. Listed at 20 Aussie Cents this month, the company raised A$16 Mil. At current price, it has increased by 80% to 37 cents as of now. A rather small cap of $34.4 Mil.
Below is the prospectus and ASX news. I wonder will this company soar or be a "S-chip" plague to ASX. Balance sheet post ipo seems fine.
Using this as a bookmark
http://www.digimaticgroup.com/
Known as Digimaticgroup. The company provides mobile advertising and marketing solutions for companies and is based at Ubi Boustead Centre. Listed at 20 Aussie Cents this month, the company raised A$16 Mil. At current price, it has increased by 80% to 37 cents as of now. A rather small cap of $34.4 Mil.
Below is the prospectus and ASX news. I wonder will this company soar or be a "S-chip" plague to ASX. Balance sheet post ipo seems fine.
Using this as a bookmark
http://www.digimaticgroup.com/