14-Dec-2020:  IPO of the Day: Sovereign Cloud (SOV) +46.67% a public sector cloud computing company using only data centres in Sydney and Canberra.

IPO'd at 75 cps (cents per share), closed at the end of their first day (today) at $1.10, up 35 cps (or +46.67%).  Not a bad stag profit on day one.  Browsing through their top 20 holders, Geoff Wilson's WAM Microcap (WMI) is there at #6 with 4.19% along with the usual suspects (UBS, NAB, HSBC, Citi, JP Morgan) but all with lower weightings than WMI.  There are also plenty of HNW individuals too of course.  I'm not going to be chasing this one, however as a WMI shareholder, I'm happy to see they got a decent chunk of it.

Further Reading:  https://www.australiacloud.com.au/

P.S.  This one has not yet been added to the Strawman.com database (as I type this), but hopefully soon will be, hence me using a Forum post to talk about them, as that is my only available option at this point.