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Nuix debacle puts fundies back on high alert – The Australian Financial Review

Fund managers have updated their IPO playbooks to protect themselves against dud floats. Here’s what is in their financial analysis…

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One experienced fund manager, who sidestepped Nuix, applies a simple but intuitive approach to screening IPOs. If the funds are being used primarily to fund growth and investment, then on balance it has the potential to be a good investment. If the business…

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