More floats lining up with LIFE Healthcare pre-marketing a potential float with the help of investment bank UBS

James Marlay
James Marlay Livewire Markets

More floats lining up with LIFE Healthcare pre-marketing a potential float with the help of investment bank UBS. The market for IPOs has improved in recent months, helped by rising stock prices, growing confidence and pent up demand after years of few floats. Shares in online currency company OzForex shot up almost 30 per cent from its issue price when it debuted this month. The strength of the market will be tested again today as Fife Capital's Australian Industrial REIT lists after a $129m equity raising led by UBS. The book for the raising was six times covered and some valuations suggest the stock could rise by 10 per cent. (VIEW LINK)

Australia equities ipo

Comments

Please sign in to comment on this wire.