Aged care remote monitoring technology company, InteliCare (ASX:ICR), made a spectacular debut on the ASX this week with the shares reaching a peak at 58c.
Finance News Network listed the telelhealth company, InteliCare (ASX:ICR), as one of the best-performing stocks on its debut.
Within hours on listing on the ASX, aged care technology company, InteliCare has increased 50 per cent from its listing price.
While most companies aspiring to list on the ASX have faltered during the Coronavirus, telehealth company, InteliCare (ASX:ICR) has managed to get their listing away.
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In a market where the COVID-19 pandemic has rocked the waters, InteliCare is one of three small caps that still have positive growth metrics.
InteliCare has received the highest number of votes on the WA Government’s iThink website, showing support from the public for the smart technology supporting seniors ageing at home.
Continuing InteliCare’s push to list on the ASX during the COVID-19 pandemic, lead manager, JP Equity, sent the allocations for the $5.5 million offer.