How to invest in the Red Emperor Resources NL IPO

Natural resource exploration company Red Emperor Resources NL is set to list soon on the Australian Securities Exchange (ASX), which means that you'll be able to buy company shares.

Red Emperor Resources NL had looked to raise $10,000,000 at $0.10 a share in its initial public offering (IPO). Although the dates and prices may change, the company is pegged to begin trading publicly on the ASX on 18 June 2021.

Here's what we know about the initial public offering (IPO), including how to invest before it lists and how to buy in when it lists.

How to invest in the Red Emperor Resources NL IPO

To invest in an IPO, you'll typically need to be registered with a participating broker or lead manager. This can be tricky for regular investors because only a few firms are allocated IPO stock and they're most often full-service brokers. In this case, the IPO is being lead managed by 708 Capital Pty Ltd.

If you're already registered with a broker, it always pays to check if they're offering pre-listed IPO stock, as lead managers sometimes allocate a portion of shares on to other firms. Your other option is to buy shares in Red Emperor Resources NL once it goes public. To do that, you'll need to be signed up to a share trading platform:

How to buy shares when Red Emperor Resources NL lists

1. Compare share trading platforms. To buy shares in an Australian-listed company, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Red Emperor Resources NL. Find the share by name or ticker symbol: RMP. You can also search for any other shares traded publicly on exchanges available within your chosen platform.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Red Emperor Resources NL reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At price of at you're buying the shares, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Red Emperor Resources NL. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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What we know about the Red Emperor Resources NL IPO

Red Emperor Resources NL lodged its prospectus with the Australian Securities and Investments Commission (ASIC) to list on the ASX under the ticker symbol RMP.

708 Capital Pty Ltd were appointed as lead managers with an expected raise of $10,000,000 at $0.10 per share. You can check out some of the key dates and figures in the table below:

According to latest information available, retail investors (regular investors) have between 18 May 2021 and 4 June 2021 to participate in the Red Emperor Resources NL IPO. After the retail offer close date, you'll need to wait until the stock is publicly available on the ASX to buy shares.

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IG Share Trading Finder Award		AUD $8 or 0.1%	$50 per quarter if you make fewer than three trades in that period	ASX shares, Global shares	$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares. Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.	Go to site More Info	Compare	loading Fetching your data...
Superhero share trading		AUD $5	No	ASX shares, US shares, ETFs	Australia’s lowest-cost broker for ASX shares and ETFs. Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.	Go to site More Info	Compare	loading Fetching your data...
CMC Markets Stockbroking Finder Award		AUD $11 or 0.1%	No	ASX shares, Global shares, mFunds, ETFs	$0 brokerage on global shares including US, UK and Japan markets. Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.	Go to site More Info	Compare	loading Fetching your data...
Bell Direct Share Trading Finder Award		AUD $15	No	ASX shares, mFunds, ETFs	Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.	Go to site More Info	Compare	loading Fetching your data...
Saxo Capital Markets (Classic account) Finder Award		AUD $6.99	No	ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs	Acess 19,000+ stocks on 37 exchanges worldwide Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.	Go to site More Info	Compare	loading Fetching your data...

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