2016 was a strong year for Australian companies floating on ASX. The number of IPOs rose to 96 (from 85 in 2015), implying an average of eight per month or two a week – certainly enough to keep the most active investors busy... Though the absolute number of new floats... Show More
The Australian Initial Public Offerings (IPOs) market delivered strong gains in May, with returns from companies listing on the Australian Securities Exchange (ASX) striking 9.4%, following on from a big 39.4% gain in April, according to a new report, the OnMarket April-May IPO Report 2016... http://bit.ly/1UjHEad Show More
Investors are understandably feeling jittery about the stock market after landing in bear market territory this month, following a very volatile January, with global markets shaking on concerns of Chinese economic growth and, once again, the liquidity of global banks. Show More
Investors are understandably feeling jittery about the sharemarket after a rocky January, as are companies looking to access public markets. Show More
I have just flown home from London after a UK Trade & Investment event over two weeks with 150 amazing speakers, three cities and 25 venues. Show More
nabtrade has today announced its customers can access the ASX BookBuild facility, meaning they’ll have access to more initial public offerings (IPOs) and capital raisings. Show More
Michael McCarthy of CMC Markets speaks with Enzumo Chairman Andrew Rawlinson. Enzumo Limited is a growing Australian financial technology business providing the financial planning and advisory industry with software and workflow solutions, e-learning management systems and content. Show More
Enzumo Limited announced today their capital raising via ASX BookBuild is open. Show More
The Holy Grail for any company issuing new equity is to build a book of investors who understand the company, support the company, and will stick around for more than a week. Show More
ASX BOOKBUILD ALERT: Novogen Ltd announces $8million capital raising, for all the details and how to participate click here: http://createsend.com/t/t-5EEAD471096EB21E Show More
Novogen (ASX: NRT; NASDAQ: NVGN) today announced that it is raising capital in Australia and the USA through the issue of ordinary shares and options via a panel of stockbrokers assembled by the Company, and via the ASX Bookbuild facility.The offer generally is being made available via the ASX Bookbuild... Show More
Boards Beware: Shareholders at the Gate: For directors, few aspects of governance are more stressful than capital management decisions. You can be sure you will be watched closely not only by your shareholders, but also by those who represent them - particularly when issuing new equity or buying and selling assets.... Show More
Democracy comes to the stock markets, Michael McCarthy is the Chief Market Strategist for CMC Markets online brokers, his opinion piece appeared in The Australian this morning: ONLINE broking is a competitive business. Brokers live or die by the value and service we deliver to clients. So improving services is... Show More
Easy as A-B-C (insert Michael Jackson video link)... 3 step guide for broker's bidding into ASX BookBuild: http://www.onmarketbookbuilds.com/138/Broker-Guide-to-ASX-BookBuild Show More
Yet another article on lack of investor access! If Healthscope had used ASX Bookbuild, it may have read: Retail praises Healthscope for fair access.. Opening up a portion of the book to the entire market of brokers - retail, online, all others - is now possible. ASX Bookbuild gives every eligible... Show More
Online brokers, Bell Direct & CMC Markets give their views on ASX BookBuild in the AFR Online trading section this week - with $100m raised to date through the facility, Arnie Selvarajah of Bell Direct says: We've always been about improving the transparency of the market place and for clients... Show More
FYI: Quick update on ASX BookBuild, in the 2 ½ months following launch, 3 companies have used the facility, raising over $85 million.Through these transactions, the facility has successfully conducted a fixed price placement, variable priced placement & an IPO. All legally eligible investors were able to participate in the... Show More
From The New Zealand Herald over the weekend, Bruce Gaynor (Milford Asset Mgt) writes: The Mighty River Power bookbuild to establish the IPO price was extremely disappointing both in terms of procedure and transparency. It is a shame that Meridian hasn't adopted the new ASX bookbuild process (http://www.onmarketbookbuilds.com/) as this... Show More