SelfWealth lists on ASX

Australian fintech company SelfWealth has officially listed on the ASX today after closing its initial public offering at $7.3 million. The company, which was founded by former CBA banker Andrew Ward in 2012, provides its users with a social portfolio construction network as well as a flat fee brokerage service. In its IPO announced on 6 November, SelfWealth offered approximately 37.5 million shares priced at $0.20 per new share, implying a market capitalisation of approximately $26.1 million.

Share this article with your social networks:

Read Full Article

Staff Reporter

Thursday, 23rd November 2017

Latest News

The Benefits of Investing in US Shares

With the ASX representing just a small fraction of all investment opportunities across the world, we take a look at some of the benefits associated with investing in US shares.

Wednesday, 13th January 2021

Markets Week Ahead: Stimulus hopes build again, as US banks report

Offshore news is likely to be the key driver for the local market this week, with market pundits now looking at the prospect of a new wave of fiscal stimulus, while US Congress mulls a potential impeachment of President Donald Trump

Monday, 11th January 2021

ASX Trading Wrap: Energy, lithium, gold and iron ore stocks power market higher

Resources stocks were on fire this week, helping the ASX recovery pick up where it left off last year. Some of the market’s largest names set new records, underpinning a strong start to the year for the ASX 200.

Friday, 8th January 2021