OPC sends stroing signal.


Well it looks like we’re getting a bit better at picking winners with yet another IPO we liked posting over 50% gains at open this morning. Having so far hit a high of $3.25, prices are currently sitting just under $3, up from the $2 ask.

It will effectively be business as usual, with IPO funds slated to;

• provide OptiComm with access to capital markets which is expected to provide additional financial flexibility and enable OptiComm to pursue further growth opportunities;

• provide OptiComm with the benefits of an increased public profile that arises from being a listed entity;

• broaden OptiComm’s shareholder base and provide a liquid market for its Shares; and

• provide Existing Shareholders with an opportunity to partially realise their investment in OptiComm.

Existing share holders still make up almost 80% of total shares and there are various levels of escrow also in place for mangement.

This looks like a good one to tuck away in the portfolio.

FCL goes green amid a sea of red.


While not a great week for the market in general, FCL has still managed to post a solid 10%+ gain in the first hour of trade.

We took interest in this one for a few reasons, solid financials, a long history, and the combination of involved parties among them and it seems we were right to pay attention.

Based in Ireand, lFINEOS provides software systems for the LA&H insurance industry and maye be one to cponsider popping into your portfolio for a longer term hold.

FCL added to the list.


The latest watch list addition, FINEOS Corporation Holdings PLC (FCL) is an interesting one for a few reasons, be sure to read the propsectus as there’s a lot to take in. Based in Ireland and founded in 1993, FINEOS is described as “a leading provider of core software systems to the global life, accident and health (LA&H) insurance industry. The FINEOS Platform has been designed to support group, voluntary and individual insurance on a single, integrated cloud-based platform.”

A quick peruse of the prospectus shows the offer being underwritten and Managed by Macquarie and Moelis Australia, with Ord Minnett co-managing, and asking $2.50 per share - all details that make us pay attention.

Key details and financials are below and as always, DYOR.