The Winners and Losers of FY2016 IPOs

With the end of the financial year approaching I decided to have a look back at all the new companies that listed on the ASX last year. By my count there were 111 new floats on the ASX so far this year (not including backdoor listings and including re-listings and demergers). So let’s have a quick look at some of the best and worst offerings and discuss potential strategies for the next financial year.