In today’s briefing:
- Redox IPO Trading – Peers Have Mostly Corrected over the past Month
Redox IPO Trading – Peers Have Mostly Corrected over the past Month
- Redox (RDX AU), a chemical and ingredients distributor, raised around US$270m in its Australia IPO. The stock will begin to trade on 3rd July 2023.
- In 2022 it was ranked as the largest chemicals and ingredients distributor in Australia, as well as the 13th largest in the Asia Pacific region and the 35th largest worldwide
- We have looked at the company’s past performance in our previous note, in this note we will talk about the updates since then and the trading dynamics.
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