Goldman's scenarios for 'extreme' markets
While markets have been pushed to extremes, there is little consensus on where they will develop from here. Goldman Sachs has outlined four potential directions.
Floats & IPOs
| Code | Company Name | Expected Float Date | Issue | Expected Close Date |
|---|---|---|---|---|
| AD3 | Aurora Labs Limited | 0.20 | 11 Jul 2016 | |
| BEE | Broo Ltd | 11/09/2016 | 0.20 | 28 Aug 2016 |
| CFO | CFOAM Limited | 28/07/2016 | 0.20 | 14 Jul 2016 |
| DCL | DomaCom Limited | 17/08/2016 | 0.75 | 04 Aug 2016 |
| FE8 | Faster Enterprises Ltd | 17/08/2016 | 0.20 | 31 Jul 2016 |
Stock Watch
8@eight: ASX set to retreat on RBA day
Local shares are set to open lower on the back of a soft lead from Europe while RBA chief Glenn Stevens will hand down his last interest rates decision this afternoon.