Yet another article on lack of investor access
OnMarket
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 investor fair access, improves governance outcomes, and makes pricing transactions easier for both the issuer and the broker because they have the whole of market demand curve on which to base their pricing decision. Some interesting quotes from the AFR article below. Retail investors have been largely overlooked in the recent floats rush, with fast-moving cornerstoning processes and front-end book-builds all but locking out mum and dad investors, and making it hard for retail brokers to bid into broker firm offers. more here: (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
By
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.
2 topics
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
Comments
Comments
Sign In or Join Free to comment