Airtasker

2020 was an interesting year. Horrific bushfires, a pandemic followed by months in lockdown and a recession, just to top it off. But amid all the chaos, the economy staged a remarkable recovery opening up an opportunity for a gig economy to flourish. Coronavirus brought forward digitisation and working autonomously. This meant employers and employees…

A close friend of mine purchased an electric scooter. Amazing little thing it is. Hardly makes a sound yet it can whizz you up to speeds of around 20-30km/hr for up to 65km before needing to recharge. I wanted one. Funny thing, I began noticing e-scooters all over the place. UberEats and Deliveroo zipping around…

MadPaws (ASX: MPA) – Last week the pet-sitting company successfully listed on the ASX, following a $12 million raising, and it surged onto the screens, recording a spectacular rise of 54%, and a market capitalisation of $42.9 million. The MadPaws platform connects you with your nearest pet-sitter. It’s a brilliant idea that is simple and…

Airtasker (ASX: ART) – Shares in the “gig economy” service-on-demand platform have soared on its ASX debut with shares hitting a high of $1.16 after raising $86.3 million at an IPO price of 65 cents. The listing was delayed by one day due to a “processing omission” by the ASX. From the raising, Airtasker will…

Despite another week of solid economic and market announcements, the outlook for the economy and more importantly asset markets remain as uncertain as ever. On the one hand, Australian unemployment falling back below 6% should be seen as an emphatic show of strength, supporting a risk on view towards sharemarkets. Yet the threat of an…

Upcoming floats for February The IPO market is still running hot, with a handful of initial public offering (IPO) hopefuls hitting the boards this month – and some recording stellar price increases. Following-on from the strong IPO momentum from late last year, 2021 is shaping-up to be another cracking year, assuming volatility remains muted. From 1 December 2020…