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 placements for WAM Capital and LNG Ltd, and all investors (incl. retail) for the IPO of U&D Coal Ltd. Stamping fees were paid to brokers in 2 of the 3 deals, with issuers & lead managers determining what % of the deal was available to on-market bidders. More info in our newsletter here: (VIEW LINK)
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