Business
That’s a wrap! Ebsworth, Fantastic wrap up IPO circus – The Australian Financial Review
Every year, the ASX aspirants jam fundies’ calendars from September to November, until a shockingly greedy float ruins it all or fundies just run out of puff. The…
And so the IPO window slammed shut on Thursday. Another season finished up and there will be plenty written in the wash up in the next few days.
Sentiment turned on a dime.
And when it did, Fantastic Furniture was tossed out – Greenlit Brands, part of Steinhoff, wasn’t willing to sell below nine-times profit.
Liberty Financial, thanks to a huge run in banks and value stocks, made it through. So too did Dalrymple Bay Infrastructure, thanks to backing from Brookfield and its friends offshore.
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