Business
Here are 3 ASX IPOs this fund manager was buying
Earlier this week I took a look at three ASX shares which had helped the OC Micro-Cap Fund smash the market. You can read about that here.
Those shares weren’t the only ones helping drive OC Micro-Cap Fund’s strong performance. The fund manager also took part in a few IPOs during the final quarter of 2020. Here’s what it was buying:
The OC Micro-Cap Fund participated in the IPO of this online book retailer. This proved to be a good move, with the Booktopia share price gaining 13% in the final quarter.
Booktopia recently released its half year update and revealed that it had a very strong finish to the year with both a record month in December and a record half. Booktopia shipped a massive 728,000 units during the final month…
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