Intelligent Investor

Revasum Inc (ASX: RVS) - Float & IPO Details

- Current share price for RVS : $0.115

Revasum Inc (RVS) specializes in the design and manufacturing of equipment used for the global semiconductor industry. Revasum's equipment helps drive advanced manufacturing technology for critical growth markets, including automotive, IoT, and 5G. Our product portfolio includes state of the art equipment for the grinding, polishing, and chemical mechanical planarization processes used to manufacture devices for those key end markets.

Revasum Inc (RVS) floated on the Australian Securities Exchange (ASX) on Tuesday, 4 December 2018. The company opened its first day of trading with a share price of $1.90 which was down 5% from its offer price of $2.00 per share. The first day of trading for Revasum Inc on the ASX saw its share price move between a low of $1.85 and a high of $1.90, before closing at $1.86 per share which was 7% below its original offer price of $2.00 per share.
RVS's current share price of $0.12 is a -$1.89 or 94.25% discount to its original offer price of $2.00.

RVS Float / IPO Details

Offer Open Date19 Nov 2018
Offer Close Date30 Nov 2018
Listing Date4 Dec 2018
Issue Price$2.00
Amount Raised$30,700,000
Shares Issued (new)15,357,143
UnderwriterShaw and Partners Limited, Moelis Australia Adv
Consultants
AuditorBDO East Coast Partnership

RVS Float / IPO Performance (relative to an issue price of $2.00)

Current Price$0.12-94.25%
First Day Open$1.90-5%
First Day High$1.90-5%
First Day Low$1.85-7.50%
First Day Close$1.86-7%
All-time High$2.000%
All-time Low-100%
12-month High$0.26-87%
12-month Low-100%

Other floats & IPOs around the same time as Revasum Inc (RVS)

Security Code Company Offer Open Offer Close Listing Issue Price Current Price Gain
AMS Atomos Limited 10 Dec 2018 18 Dec 2018 28 Dec 2018 $0.41 $0.07 -84.15%
CCO Fiji Kava Limited 22 Oct 2018 6 Nov 2018 20 Dec 2018 $0.20 $0.00 -98%
OPH Ophir High Conviction Fund 19 Dec 2018 $2.15 $2.61 21.40%
EX1 Exopharm Limited 14 Nov 2018 4 Dec 2018 18 Dec 2018 $0.20 $0.01 -94.50%
YRL Yandal Resources Limited 3 Dec 2018 14 Dec 2018 $0.20 $0.16 -22.50%
NVQ Tymlez Group Limited 7 Nov 2018 23 Nov 2018 13 Dec 2018 $0.22 $0.01 -97.73%
EMV Emvision Medical Devices Limited 19 Oct 2018 14 Nov 2018 13 Dec 2018 $0.25 $2.30 820%
HMD HeraMED Limited 23 Oct 2018 16 Nov 2018 12 Dec 2018 $0.20 $0.02 -91.25%
XARO Activex Ardea Real Outcome Bond Fund (Managed Fund 10 Dec 2018 $23.82
A40 Alliance Minerals Assets Limited 16 Nov 2018 14 Dec 2018 5 Dec 2018 $0.35 $0.08 -76.57%
CRS Caprice Resources Limited 3 Nov 2018 5 Dec 2018 $0.20 $0.02 -91.50%
RDC Redcape Hotel Group 12 Nov 2018 22 Nov 2018 30 Nov 2018 $1.13 $1.13 0%
NVU Nanoveu Limited 7 Sep 2018 19 Oct 2018 30 Nov 2018 $0.20 $0.02 -88%
NWM Norwest Minerals Limited 26 Sep 2018 15 Oct 2018 29 Nov 2018 $0.20 $0.05 -74.50%
QRI Qualitas Real Estate Income Fund 16 Oct 2018 13 Nov 2018 27 Nov 2018 $1.60 $1.65 3.12%
COL Coles Group Limited 21 Nov 2018 $16.16
SBW Shekel Brainweigh Ltd 24 Sep 2018 12 Oct 2018 20 Nov 2018 $0.35 $0.07 -81.43%
BNDS Betashares Legg Mason Australian Bond Fund 16 Nov 2018 $23.41
HM1 Hearts and Minds Investments Limited 15 Oct 2018 6 Nov 2018 14 Nov 2018 $2.50 $2.53 1.20%
VISM Vanguard MSCI International Small Co 13 Nov 2018 $61.48
CURE ETFS S&P Biotech ETF 12 Nov 2018 $44.90
CNEW VanEck Vectors China New Economy ETF 9 Nov 2018 $6.81
GSM Golden State Mining Limited 3 Sep 2018 28 Sep 2018 8 Nov 2018 $0.20 $0.01 -94%
MOH Moho Resources NL 18 Aug 2018 17 Sep 2018 7 Nov 2018 $0.20 $0.01 -97.50%
QLTY Betashares Global Quality Leaders ETF 7 Nov 2018 $28.73
AGX1 Antipodes Global Shares (Quoted Managed Fund) 7 Nov 2018 $5.82
FEMX Fidelity Global Emerging Markets Fund (Managed Fun 5 Nov 2018 $6.10

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.