CAPITAL MARKETS

IPOs face tough times

DWINDLING numbers in the December quarter don’t bode well for initial public offerings this year, with fewer companies likely to make it to the board as capital markets tighten but the success of listing could be all about the prospectus, according to HLB Mann Judd.

Kristie Batten
IPOs face tough times

While the number of small cap companies (with a market capitalisation of less than $A100 million) that listed last year rose 10% to 92, funds raised were down 17% to an average $6.84 million. HLB Mann...

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