An initial public offering (IPO) is when a private company decides to go public and sell shares to the public for the first time. The success of an IPO is typically measured by how well the stock performs after it starts trading on the public markets. IPOs on the Australian Securities Exchange (ASX) In Australia,
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Breaking out afresh today, drone security business Nightingale Intelligent Systems has readied its IPO to kickoff its entry onto the ASX, but things haven’t quite gone to plan for shareholders that participated in the public offering. Debuting as ASX: NGL at a price of $0.22, the US-based tech company has been cashing in on the
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To explain chronic wounds, the easiest example would be something like an ulcer that just won’t heal, or comes back far sooner than you had hoped. But in reality, the majority of sufferers deal with something far worse, even finding themselves completely debilitated and eternally frustrated as the wound refuses to heal, costing the healthcare
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Fintech company Douugh (ASX: DOU) touts itself as a responsible financial “super app” dedicated to financial wellbeing but they may ironically need to consider their own financial health after reporting a loss of $11.6 million, blaming wasted marketing spend and employee benefit expenses. While they managed to generate $600k in revenue from their super app,
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