Harmoney debuts on the ASX

Thu, 19 Nov 2020

A new lockdown in South Australia will crimp demand for SkyCity Entertainment and weigh on other travel stocks while investors will also keep an eye on Harmoney’s debut and earnings from AFT Pharmaceuticals.Online personal lender Harmoney is joining the ASX with a prospectus that would value the company at A$353 million for its initial public offering, and a secondary listing on the NZX.Harmoney’s IPO price of A$3.50 per share values the company at more than rival MoneyMe's current market capitalisation of A$226 million after be...

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