How to invest in the Consolidated Financial Holdings IPO

Research, consulting, and software services company Consolidated Financial Holdings is set to list on the Australian Securities Exchange (ASX). This means you'll soon be able to buy company shares through a broker.

Consolidated Financial Holdings targeted a raise of $6,000,000 – $8,000,000 at $0.20 a share in its initial public offering (IPO). While the dates and prices may change, the company is pegged to begin trading publicly on the ASX on Withdrawn.

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.

Where to invest in the Consolidated Financial Holdings IPO

You can invest in pre-IPO stock through a participating broker or lead manager before the offer closes on 6 March 2023. In this case, the Consolidated Financial Holdings IPO is being lead managed by Baker Young Limited.

If you're already registered with a broker, check if they're offering pre-listed stock or think about signing up to a participating broker.

However, it can be tricky for regular investors to participate in IPOs because only a few firms are usually allocated pre-IPO stock. In most cases, these are full-service brokers that require a large initial deposit.

Your other easier option is to buy shares in Consolidated Financial Holdings once it goes public. You can do that through a share trading platform:

How to buy shares when Consolidated Financial Holdings 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 Consolidated Financial Holdings. Find the share by name or ticker symbol: CWL. 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 Consolidated Financial Holdings 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 Consolidated Financial Holdings. 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 Consolidated Financial Holdings IPO

Consolidated Financial Holdings lodged its prospectus with the Australian Securities and Investments Commission (ASIC) to list on the ASX under the ticker symbol CWL.

Baker Young Limited were appointed as lead managers with an expected raise of $6,000,000 – $8,000,000 at $0.20 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 10 February 2023 and 6 March 2023 to participate in the Consolidated Financial Holdings IPO. After the retail offer close date, you'll need to wait until the stock is publicly available on the ASX to buy shares.

Where to buy Consolidated Financial Holdings shares

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