The OnMarket app is the world’s first mobile application (and desktop site) for equity crowdfunding, IPOs and placements. It is:

  • A platform which is completely free to investors: it’s free to sign up and free to invest
  • Mobile – instant notifications, company information and research, and applications via the app
  • A portal to access offers for all eligible investors
  • A defined and automated system ensures all OnMarket applicants will be allocated fairly

Other features include:

  • Investment details saved in a member’s profile making applications simple and fast
  • Investors may have their shares allocated into any existing broker account for easy portfolio management
  • Members will receive 25% of the stamping fee on the allocations of people that they refer, for the next two years, up to a maximum of 1.25% (unless an offer specifically states that this cap is removed or lifted).

A desktop version is also available via www.onmarket.com.au.

The type of investment available varies widely but in recent times has included renewable energy, software, hotels, mining, food and beverage products, new technology, fashion, internet-based businesses, services, education and much more.

Both institutional and retail investors pay the same price in OnMarket capital raisings.

The price of an OnMarket offer is determined by the lead manager and the company issuing the securities. In a fixed price offer, all investors apply for a number of shares at a price that is set for the duration of the offer. All investors are then allocated at that price.

In a variable price offer, OnMarket (and other) investors are invited to apply for securities at the maximum price they are willing to pay. The company and lead manager will then make a decision as to the final price that they wish to close the offer at, and all investors whose applications were at or above that final price will be allocated at that final price.

OnMarket was conceived and designed to empower investors to directly access companies and to make informed investment decisions.

However, the site doesn’t provide any recommendations or investment advice. Before investing in the stock market or the primary market, investors should know that this constitutes a risk that an investment may decrease in value and even go to zero. Share purchases should be considered in the broader context of their investment objectives, financial circumstances, and risk profile.

If you’d like to get started in investing in emerging companies and technologies, and some established ones, give OnMarket at go.

Disclaimer:  This article does not constitute financial advice. Tasmanian Times may receive a commission based on signups through the links on this page.