Tymlez comes up almost 30% short at launch.

Blockchain platform provider Tymlez Group Limited (ASX:TYM) has made a fairly weak start to trade this morning, going live around 11am. Dropping 6 cents from the ask, prices slid a little further to 15.5c, at the time of this post, as securities continued to change hands.

Established in the Netherlands in 2016, Tymlez is looking to expand its sales and marketing efforts in Europe, as well as in the Asia‑Pacific and US regions by recruiting additional business development and marketing personnel and “aggressively pursuing” further marketing initiatives in these markets.

The business also intends to utilise the IPO funds to undertake further research and development activities on blockchain technology and further product development on the Tymlez Platform.

Will this one keep sliding or are you expecting it to bounce back?

Revasum fails to generate demand at open.

Technology manufacturing company Revasum (RVS) has disappointed investors in early trade, joining the ASX at 12pm today. Starting 7.5% down for a loss of 15 cents per share, the initial spread indicated there may be worse to come.

Based in San Luis Obispo, California, Revasum designs, manufactures and markets a portfolio of semiconductor processing equipment that allows other manfucators to produce a variety of products used in a range of current technologies.

Funds from the IPO will allow the company to expand its product portfolio, with 2 new offerings set for release in 2019.

The oft mentioned rule of never investing in something you don’t understand might hold Revasum back initially, but we’re thinking this one might be a slow burn.

Nanovue down 20%, possibly worse to come.

Technology company Nanovue Limited sputtered into life on the ASX today, as securities began changing hands around 1pm.

Nanovue provides a range of 3D mobile technologies, most notably a screen protector that enables 3D imaging functionality on smart phones. Investors were always going to be cautious of such a niche product, that is yet to gain appreciable take up in the market with prices currently sitting at 16 cents vs the 20 cent float price. Worse still, current bids are sitting at only 12.5c.

As a potential market disruptor, there’s potential for things to look very different moving forward, but early investors will likely need to be patient to see any gains from this one.

Straker speaking the right language.

Good news for investors today as Straker Translations (STG) kicked off trade around 12pm, showing healthy gains in the process.

Straker, a cloud-based ‘hybrid’ translation platform with an established model and proprietary technology, initially sought $1.51 per share during the float. Trade opened over 15% higher, hovering at $1.75 as investors continued to buy in.

Funds raised by Straker will be used for all the usual endeavours including product development and future acquisitions, you can track performance on the Scorecard as things progress.

Security Matters makes successful entrance.

It’s not a great time to be entering the Australian Stock Market given the current conditions, but despite a number of delays Security Matters (SMX) has made a success start to trade this morning.

There are no big gains to be seen just yet, but SMX has at least managed to match its initial ask as activity began around the 20 cent mark.

With plans to use the funds for business development, sales, and product development, any gains to be had will be realised off the back of those efforts and in a more friendly market - You can keep tabs via our Scorecard.