We could be in for a good year25 May 2025 12:00
I asked Chat GPT what average return of shares join asx exchange this was the reply
The average 12-month return for companies that become dual-listed on the Australian Securities Exchange (ASX) is not extensively documented, as these listings often involve large, established firms rather than new market entrants. However, available data from recent examples provides some insight:
Capstone Copper: This Canadian mining company dual-listed on the ASX in February 2024. By the end of the year, its market capitalisation had increased from A$5 billion to A$7.6 billion, representing a 52% gain over approximately 10 months.
Australian Securities Exchange
Life360: A U.S.-based technology firm, Life360 experienced a 115.4% increase in its share price during the 2024 financial year. While the exact timing of its dual listing is not specified, this performance highlights the potential for significant returns.
The Australian
Xero: The New Zealand-based software company listed on the ASX in 2012. Although specific first-year return data is not readily available, the dual listing enhanced its investor base, increased trading volumes, and led to inclusion in the S&P/ASX 100 index.
aicd.com.au
These examples suggest that dual-listed companies can experience substantial growth in their first year on the ASX, particularly when the listing enhances visibility and investor access. However, it's important to note that performance varies based on factors such as industry sector, market conditions, and company fundamentals.
aicd.com.au
If you're interested in specific sectors or companies, I can provide more detailed information.
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