'IPO euphoria is extreme'
Floats and backdoor listings are booming in a flat sharemarket, with 74 IPOs this year delivering an average share-price gain of 22 per cent relative to their issue price.
Floats and backdoor listings are booming in a flat sharemarket, with 74 IPOs this year delivering an average share-price gain of 22 per cent relative to their issue price.
Leading small-cap fund managers have participated in only a handful of IPOs in 2015 and received far less stock than sought. Several told the Smart Investor Weekend that IPO prices had risen too far.
It is a constant refrain, that small business is the backbone of the economy: and the latest statistics bear it out.
Australian small businesses are in two minds when it comes to considering themselves innovative, according to the recently released The Economy of Shopping Small report released by American Express.
The fintech revolution – the marriage of finance and technology – has been happily picked up by many of the nation's small businesses, which notice new lenders coming through to service a sector they believe the banks aren't interested in servicing.
In November 2013, financial services firm American Express founded the Shop Small movement, a nationwide movement that seeks to focus Austra...
The small business environment is changing all the time but what does not change is the basic feeling of being on your own and immersed in t...
Until Malcolm Turnbull puts some shape to the innovation policy agenda, with a timetable the relentless start-up optimism risks becoming cou...
There is still a long way to go before Australia is considered in Israel or London's league when it comes to producing the world's next grea...
Employers should have to pay their workers' superannuation fortnightly or monthly instead of only quarterly to stop workers being bilked of ...
Unlimited access to business news and market insights across any device
Already a subscriber? Log in