Market Report: Optimism will lead to IPOs
Written on the 11 August 2009
‘IPO’ and ‘listing’ are a few words that I haven’t heard too much in the last little while. During calendar year 2007 an impressive total of 260 entities hit the boards of ASX, cooling to 71 in 2008 and dropping to just seven for 2009 to date (source: Deloitte Annual IPO Report). You may be tempted to think that this is because the bottom fell out of the capital markets. But recent statistics show that this just isn’t the case.