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)



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