From exploration juniors to tech companies, there’s a range of industries set to hit the boards next year as the attitude towards capital starts to warm up.
Reinforcing this shift in capital attitude was the successful October listing of SPOKE client Merino & Co (ASX:MNC): a company focused on producing and delivering high-quality Merino wool products to markets around the world.
The West Australian headquartered business rang the bell after successfully raising $6 million in a matter of weeks.
The Company’s story was so good, the share price surged in the first two days by more than 500% and reached highs above A$1.50 within its first week of trading.
While the share price has since levelled out, this IPO and listing performance, and the success of five other IPOs due to land by Christmas, is hopefully reflective of a resurging capital market and times to come in 2025.
Read more about Merino & Co’s IPO story here.