News and Announcements
DomaCom To List on ASX Today!
- Published November 07, 2016 12:23PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
DomaCom Limited will formally be admitted to the official list of the ASX at 11am today.
The listing code will be DCL and the listing price is $0.75c per share.
The IPO is an exciting milestone in DomaComs history and we look forward to an exciting couple of years ahead as they strive to deliver on the significant potential of the company.
DomaCom raised $7.33 million through their IPO offer which closed on October 24.
This injection of capital will position DomaCom for its next growth phase – to commence more property bookbuilds and, subject to regulatory approvals, launch a seniors equity release product and a fractionalised corporate bond product.
Having acted as lead manager to the pre-IPO funding rounds, Axstra Capital is proud to have assisted DomaCom in reaching this point in their corporate journey and thanks all investors who have financially supported the company to date.
It is our opinion that the IPO is just the beginning for DomaCom and the upside potential for the share price is significant should they be able to deliver on the objectives outlined in the prospectus.