Tag: IPO

Everything you need to know about going public.

Many entrepreneurs secretly dream of one day listing on the Australian Securities Exchange (ASX), but the IPO process is not for the faint-hearted. Brett Kelly shares Kelly+Partners’ journey from privately-owned accounting practice to publicly listed company. Brett Kelly has never been afraid to aim high.  When the 22-year-old suddenly found himself unemployed, he approached 34 […]

Many businesses, including small businesses, will look at going public with their company via an Initial Public Offering (IPO) at some point on their business journey. Many well-known big players and ‘unicorns’ have taken this decision, such as Airbnb and Slack, and most recently Uber. Like most things, there are advantages and disadvantages of going […]

Afterpay rival Openpay is trading down 20% in its ASX float following a $50 million initial public offering. The Melbourne company’s shares were trading at $1.36 at 1500 AEDT, down 15 per cent from the IPO price of $1.60, and had traded as low as 20 per cent down. “It’s obviously not great from the […]

When is an IPO a good fit for a company, and when isn’t it? Taking your business into the public realm through an Initial Public Offering (IPO) is a big step as it introduces new focuses and new standards prompted by your investors.  It’s a process that can take a long time, with a lot […]

Going public is a huge step for any company. Taking a company from private to public through an IPO (or ‘initial public offering’) and listing on the stock exchange is a process that can take months, or even years, of planning, preparation and execution. Amid the myriad of tasks involved in preparing for an IPO, […]

Uber priced its initial public offering at the low end of its targeted range to value the company at $US82.4 billion ($A118 billion), hoping the conservative approach would let it avoid the market chaos suffered by rival Lyft. Uber, the most high-profile US listing since Facebook seven years ago, raised $US8.1 billion ($A12 billion), pricing […]

Startups contemplating an IPO must have all their ducks in a row and be willing to get their hands dirty, says Andrew Ward, founder and managing director of recently-listed fintech company SelfWealth. Launched in 2012, the online, cloud-based share trading platform offers investors flat fee brokerage, regardless of the trade size, as well as access […]

The recent trials and tribulations of Australian tech startups Big Un and Get Swift should serve as a timely cautionary tale for many aspiring businesses. Both have recently fallen foul of the ASX’s continuing disclosure requirements and face uncertain futures. While both have earned the ire of shareholders and the regulator for different reasons, their […]

There’s no doubting that the world of business is changing. The traditional model of large international corporates functioning in a singular, closed-door fashion is fast disappearing, with companies now open to collaboration or outsourcing. While previously big corporates, protected by expensive barriers of entry, were responsible for all “business problems” in-house, technology has now made […]