How to buy Rubicon Water shares

Own Rubicon Water shares in just a few minutes.

What we know so far

Offer price: $1.00
Proposed code: RWL
Expected raise: $40.0 million
Expected listing: 2 September 2021
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Rubicon Water shares are now publicly available to purchase on the Australian Securities Exchange (ASX). Here's what we know about the IPO and how you can buy in.

How to invest in the Rubicon Water IPO

Rubicon Water has listed on the ASX, so you can now buy shares over the stock market. To do that, you'll need to be signed up to a broker. Your cheapest option is to sign up to an online broker. Check out the steps below:

How to buy shares when Rubicon Water 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 Rubicon Water. Find the share by name or ticker symbol: RWL. 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 Rubicon Water 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 Rubicon Water. 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.

What we know about the Rubicon Water IPO

Rubicon Water lodged its prospectus with the Australian Securities and Investments Commission (ASIC) to list on the ASX under the ticker symbol RWL.

Bell Potter Securities were appointed as lead managers with an expected raise of $40.0 million at $1.00 per share. You can check out some of the key dates and figures in the table below:


Rubicon Water IPO key numbers
Offer price $1.00
Dividend yield 0%
Total number of shares available under the offer 40.2 million
Proposed ASX code ASX: RWL
Target market cap $172.0 million
Retail offer opens 20 August 2021
Retail offer closes 26 August 2021
Expected listing on ASX 2 September 2021
Expected dispatch of holding statements 1 September 2021
Source: Rubicon Water prospectus

According to latest information available, retail investors (regular investors) have between 20 August 2021 and 26 August 2021 to participate in the Rubicon Water IPO. After the retail offer close date, you'll need to wait until the stock is publicly available on the ASX to buy shares.

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
AUD $5
No
ASX shares, US shares
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.
IG Share Trading
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.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
ThinkMarkets Share Trading
AUD $8
No
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Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets(T&Cs apply).$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
HSBC Online Share Trading
AUD $19.95
No
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Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
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.
CMC Markets Invest
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.
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Balance sheet

In FY20, the company generated $64.8 million of revenue. Estimated net profit (NPAT) in FY20 was $1.0 million, and 8.2 million in the prior year.
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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