Prospa Group (PGL) and Tubi Group (2BE) added.


A couple of new additions overnight, starting with Prospa Group Limited who are asking an oddly specific $3.78 per share as they attempt to raise just under 110M, of which 17.2M will go to corporate debt.

Prospa specialise in small business lending and have been in operation since 2012. The IPO shares will comprise a little under 14% of the total shares on offer.

Further info can be found here.


If you’d rather invest in more tangible products, then Tubi Group Limited might be for you. For 20c a share, you can buy a piece of a business specialising in the mobile manufactur of High Density Poly Ethylene (HDPE) pipes. These are used in the oil and gas, irrigation, water, mining and infrastructure sectors .

Tubi is looking to raise a little under 6M, but note it currently has no Australian operations though it has granted a license for usage in NZ - more details can be found in the prospectus here.