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Blockbuster Nuix, Dalrymple ASX IPOs face critical test – Sydney Morning Herald

The two of biggest floats on the ASX in years will face a critical test this week with concerns the US election result could spark broader volatility.

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In September EY said funds raised in IPOs could hit $3 billion by the end of this year, while market estimates say companies worth a combined $10 billion could make it on to the exchange. Successful IPOs that have taken place in recent weeks include e-commerce retailer Adore Beauty, online marketplace MyDeal, and tradie booking platform HiPages.
Neither Macquarie or Brookfield would speak about the Nuix and Dalrymple floats, but insiders agree that the US election result looms as the biggest risk…

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