Jeremy Chunn writes in this afternoon's edition of the AFR 'Asset': Welcome to the party for your sophisticated investors
OnMarket
Jeremy Chunn writes in this afternoon's edition of the AFR 'Asset': Welcome to the party for your sophisticated investors. Sometimes people have the most fun at the parties to which you are never invited. It always hurts afterwards to hear about the good time had by all. The parallel in the world of investing is discounted capital raisings, where a company may wish to issue new shares at a discount to its listed price. The terrible shame is that unless you are a client of one of the lead managers to the deal, you are not welcome to take part. Not any more.Via a broker, sophisticated investors now have access to the primary market for capital raisings traded through the Australian Securities Exchange using methodology licensed to On-Market BookBuilds, an intermediary based in Sydney. Read more: (VIEW LINK)
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OnMarket,
At OnMarket, we are all former capital markets professionals who thought there was a better way for companies to raise capital, so we provided the know-how behind the technology that powers the world's first exchange-hosted capital raising platform: ASX BookBuild. This platform gives companies control over pricing and allocations combined with the all-of-market reach of an exchange.
Then, in our quest to bring companies and investors closer together, we built OnMarket - the world's first free-access portal into capital raisings.
We are strong believers in the power of technology to transform capital markets and we believe that democratising access to capital raisings via technologies like ASX BookBuild and OnMarket is a giant leap in the right direction.
More information can be found at www.onmarketbookbuilds.com.
OnMarket
At OnMarket, we are all former capital markets professionals who thought there was a better way for companies to raise capital, so we provided the know-how behind the technology that powers the world's first exchange-hosted capital raising...
Expertise
No areas of expertise
OnMarket
At OnMarket, we are all former capital markets professionals who thought there was a better way for companies to raise capital, so we provided the know-how behind the technology that powers the world's first exchange-hosted capital raising...
Expertise
No areas of expertise
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