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3 ASX IPOs Resource Investors Should Watch This Fall

The Investing News Network looks at three upcoming initial public offerings on the ASX that resource investors should keep an eye out for this fall.

The Australia Securities Exchange (ASX), which has a total market capitalization of about AU$2 trillion, continues to attract the attention from resource investors around the world.

More than 2,200 companies are listed on the Sydney-based stock exchange, with nearly 900 included in the basic materials and energy sectors. Despite what many may think, Australian companies are not the only ones that join the exchange every year — more than 100 foreign companies are listed as well.

In 2018, the ASX was among the top five exchanges globally for the number of new listings — 132 companies were listed during the 12 month period, with the total capital raised in initial public offerings (IPOs) reaching AU$8.5 billion.

The top resource listings last year were Viva Energy (ASX:VEA), which was the largest IPO on the ASX with a capital raising of AU$2.65 billion; Coronado Global Resources (ASX:CRN), which is focused on metallurgical coal; Perth-based Jupiter Mines (ASX:JMS), which operates the Tshipi manganese mine; and Nickel Mines (ASX:NIC), which has interests in the Hengjaya and Ranger nickel projects.

Source: ASX

Here, the Investing News Network looks at three upcoming initial public offering that resource investors should keep an eye out for this fall as announced by the ASX.

1. Nemex Resources

Proposed listing date: September 30, 2019

Nemex Resources was previously focused on exploration and development of iron ore and gold in Australia and West Africa, but has now turned its attention to gold and base metals exploration projects in Western Australia.

The company has signed an acquisition agreement for a right to purchase an 80 percent interest in the Leonora South East gold project, the Ballard gold project and the Pavarotti nickel sulfide project. It also has a conditional right to buy the Lake Roe North gold project.

Nemex is looking to raise up to AU$5 million by offering 25 million shares at a price of AU$0.20 per share. Investors interested in the company’s offer can apply for a minimum of 10,000 shares for a total of AU$2,000, and thereafter in multiples of 2,500 for a price of AU$500.

2. Tartana Resources

Proposed listing date: TBA

Tartana Resources will focus all its efforts in the development of copper and zinc projects. The company’s flagship is the Tartana project in Queensland.

The company is also developing the Mount Hess copper-gold project and the Amber Creek molybdenumtintungsten project in Queensland. It also has an interest in the Zeehan Zinc Slag project in Western Tasmania.

Tartana is offering between 20 to 30 million shares at a price of AU$0.20 each to raise a minimum of AU$4 million and a maximum of AU$6 million. Investors looking to jump into this opportunity can apply for a minimum of 10,000 shares for a total price of AU$2,000, and after that in multiples of 2,000 shares for AU$400.

3. Trigg Mining

Proposed listing date: September 27, 2019

Trigg Mining is focused on exploring for sulfate of potash from hypersaline brines in Western Australia. Sulfate of potash is essential for global food production and human nutrition.

The Perth-based company is currently developing the Laverton Links and Lake Thorssell projects, which include a JORC compliant exploration target.

Trigg Mining is looking to raise AU$4.5 million through the issuance of 22.5 million shares at AU$0.20 per share. Investors interested in this offer can apply for a minimum of 10,000 shares and 5,000 attaching new options for AU$2,000, and thereafter in multiples of 2,500 shares and 1,250 attaching new options for AU$500.

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.

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5 Top ASX Robotics Stocks

Emerging Technology Investing
robotic arm above a globe showing Australia

Australia is hoping to lead the way in robotics, and these are some of the country's top robotics stocks by market cap.

Robotics is a growing area of engineering and science technology. Although Australia is hoping to lead the way in robotics, the number of pure-play ASX-listed robotics companies isn't all that big.

Robotics is a broad term covering everything from design to the construction and operation of robots. It also includes the use of robots in roles normally played by humans, often to reduce errors or speed up processes.

This list includes a wide range of ASX-listed companies that employ robotics. Data was sourced using TradingView's stock screener on November 24, 2021, and stocks are listed in order of market cap from largest to smallest.


1. WiseTech Global (ASX:WTC)

Market cap: AU$17.19 billion; current share price: AU$52.90

Technology powerhouse WiseTech Global provides software solutions to logistics businesses in 130 countries around the world. Its CargoWise platforms are designed using workflows, automation and robotics. The WiseTech Global Group includes more than 30 businesses.

The company has performed positively on the ASX over the past year, with its share price rising about 70 percent since the start of 2021. The company expects to continue this momentum in during its 2022 fiscal year, with projected EBITDA growth of 26 to 38 percent.

2. Altium (ASX:ALU)

Market cap: AU$5.47 billion; current share price: AU$41.67

Altium is a leading global software company that focuses on 3D-printed circuit board (PCB) design. Although seemingly obscure, the PCB design tool Altium Designer is used by robotics companies like Robotics Kanti. The company also sponsors student robotics design competitions that focus on PCB design.

The 2021 fiscal year was strong for Altium, which reported a revenue increase of 6 percent, to AU$180.2 million, and announced a final dividend of AU$0.21 per share.

3. Vection Technologies (ASX:VR1)

Market cap: AU$249.49 million; current share price: AU$0.25

Vection Technologies is a multinational software company with offices in Western Australia, as well as Subiaco and Casalecchio di Reno in Italy. The company uses robotics technology in addition to 3D, virtual reality, augmented reality, industrial internet of things and CAD solutions.

The business is split into two sections: information technology development and outsourced services. The company also collaborates with Autodesk Technology Centres, the Microsoft Mixed Reality Team and Cisco Systems Italy.

4. FBR (ASX:FBR)

Market cap: AU$116.95 million; current share price: AU$0.05

FBR designs, develops and builds robots for the global construction market. The company's dynamically stabilised offerings are made to work outdoors using FBR's Dynamic Stabilisation Technology.

This technology was first used in the Hadrian X, a brick-laying robot that can build structural walls more efficiently than traditional methods and with less waste. The first commercial building to have its structural walls built by Hadrian X in 2020 was completed and tenanted in 2021.

5. Bill Identity (ASX:BID)

Market cap: AU$44.18 million; current share price: AU$0.25

Previously known as BidEnergy, Bill Identity provides a series of bill management solutions leveraged using its Robotic Process Automation (RPA). The RPA system helps clients increase their efficiency and serves customers across Australia, New Zealand, the UK, the US and Europe. The company had a strong year, with total operating revenue growth of 55 percent year-on-year to AU$14.6 million in its 2021 fiscal year.

Don't forget to follow us @INN_Australia for real-time updates!

Securities Disclosure: I, Ronelle Richards, hold no direct investment interest in any company mentioned in this article

Sydney Opera House at night

Robotics is an area of investing that is growing in Australia ― but is it a sector worth investing in?

The global robotics industry is expected to grow at a compound annual growth rate of 7.8 percent through 2028 according to the Global Industrial Robotics Market Analysis 2020. Robotics is an area of investing that is growing in Australia ― but is it a sector worth investing in?

Broadly speaking, robotics is the design and construction of robots. This can include core automation and production, industrial software, robot technology and integration of robotics. From drones to self-driving cars to toys ― robotics is a growing industry that is beginning to permeate our daily lives.


The distinction between robotics and AI can be a little confusing, but essentially think of robotics like the body and AI like the brain. Both can exist separately, and they are powerful when combined. The goal of a robot is to complete a task faster and more efficiently than a human.

What does the market look like?

The COVID-19 pandemic has seen technology sectors such as robotics accelerate as businesses have faced global challenges. Robotics has been able to help keep spaces safer by replacing humans with robots on factory lines, in eCommerce warehouses or on healthcare frontlines taking temperatures or disinfecting spaces.

What is Australia doing to support the robotics sector?

In early 2020, the Robotics Australia Network was formed to accelerate growth of the domestic robotics industry. The network aims to strengthen global competitiveness and cement Australia as a global leader in robotics.

How does the Australian robotics sector stack up?

According to the International Federation of Robotics, in a ranking of the world's most automated countries it's not even in the top 10. Number one is Singapore, followed by South Korea then Japan.

The investment space for pure robotics companies is relatively small, with greater opportunities to invest in more broader technology, AI and automation stocks.

Who are the big players in robotics stocks?

Robotics stocks in Australia are companies with a strong crossover to other technology sectors like artificial intelligence and virtual reality.

Vection Technologies (ASX:VR1)
Market Cap AU$77.56 million

Vection is a multinational software company with offices in Western Australia as well as Subiaco and Casalecchio di Reno in Italy. The company uses robotics technology as well as 3D, virtual reality, augmented reality, industrial IoT and CAD solutions. The business is split into two sections: IT development and outsourced services. The company also collaborates with Autodesk Technology Centers, the Microsoft Mixed Reality Team and Cisco Systems Italy.

Bill Identity (ASX:BID)

Market Cap AU$52.97 million

Previously known as BidEnergy, Bill Identity is a series of bill management solutions leveraged using robotic process automation, which helps clients increase efficiency. The company serves customers across Australia, New Zealand, the UK, the US and Europe. Bill Identity had a strong year, with total operating revenue growth of 55 percent year-on-year to US$14.6M in FY21.

What are the other ways to invest in robotics?

Another way to get into the robotics sector is investing in robotics exchange traded funds (ETFs), a popular choice that offers exposure to the industry of robotics and artificial intelligence rather than a single company. Two major ETFs in the robotics sector are:

  • BetaShares Global Robotics and Artificial Intelligence ETF (ASX:RBTZ)
  • The ROBO Global Robotics and Automation ETF (ARCA:ROBO)

Don't forget to follow us @INN_Australia for real-time updates!

Securities Disclosure: I, Ronelle Richards, hold no direct investment interest in any company mentioned in this article.