The ASX has split the Australian investment community with their proposed changes to Initial Public Offerings (IPOs). There are several hurdles that companies face to get on the ASX via the IPO process.
These changes will make some hurdles higher, wider or lower. Hear what the money managers, brokers and professionals who help shape the ASX on a daily basis have to say about these changes.
The questions being asked and aswered by the market include:
• How will the ASX’s proposed spread changes impact the industry?
• What will the proposed new minimum requirements do to new listings in AU?
• Will these changes advantage or disadvantage investors?
Roger Montgomery; Chief Investment Officer of The Montgomery Fund comments:
About Roger Montgomery: Roger is the founder of Montgomery Investment Management. Roger brings more than two decades of investment and financial market experience, knowledge and relationships to bear in his role as Chief Investment Officer.
Geoff Wilson; Chairman of Wilson Asset Management comments:
About Geoff Wilson: Geoff is currently Chairman of WAM Capital Limited, WAM Research Limited, WAM Active Limited, WAM Leaders Limited and the Australian Stockbrokers Foundation.
Michael Beaumont; Director at Watson Mangioni Lawyers Pty Limited comments:
About Michael Beaumont: Michael is a mergers and acquisitions lawyer with nearly 20 years’ experience. His practice encompasses regulated and unregulated transactions with a particular focus on complex cross border deals. He has extensive experience in advising on complex equity and debt funding arrangements.
Michael McCarthy; Chief Market Strategist for CMC Markets comments:
About Michael McCarthy: Michael provides local and global market analysis for the Asia-Pacific region, formulates trading strategies and plays a key role in educating clients. With more than 30 years’ experience in the financial markets, Michael specialises in derivative trading.
Michael Roche; Chief Executive of the Queensland Resources Council (QRC) comments:
About Michael Roche: Mr Roche is an economist by profession and held senior management positions with the Australian Stock Exchange in Sydney before returning to Queensland in 2005. His previous positions included Deputy Director-General of the Queensland Cabinet Office and Chief of Staff to the Queensland Treasurer.
Diana D’Ambra; Chair for the Australian Shareholders’ Association comments:
About Diana D’Ambra: Diana was appointed a Director of ASA on 1 January 2014 and is Chair of the Audit & Finance Committee and a member of the Policy Committee.
Ben Bucknell; CEO of On Market BookBuilds comments:
About Ben Bucknell: Ben has extensive experience in investment banking, private equity, and corporate law. In his time at Macquarie Group, Ben worked on equity raisings for takeover bids, initial public offerings and placements across numerous industries.
Jonny Wilkinson; Co-founder and Managing Director of Equitise Pty Ltd comments:
About Jonny Wilkinson: Jonny has extensive experience in equity markets and marketing. With a personal investment philosophy focused on high growth companies, his enthusiasm for business and innovation has driven him to create a platform that allows Australian and New Zealand businesses to access the capital they need to grow
Hugh Dive; Senior Fund Manager at Aurora Fund Management Limited comments:
About Hugh Dive: Hugh joined Aurora Funds Management as a Senior Portfolio Manager working with the existing investment team to focus on the Aurora Dividend Income Trust and Aurora Property Buy-Write Income Trust.
Robert Bladier; Consultant, Strategy and Financial Services comments:
About Robert Bladier: Robert is a senior executive and capital markets expert with developed skills in strategy, public policy and change, and an experienced company director. Robert was Head of Strategy with the ASX for a 10 year period prior to and during the demulualisation of the Exchange.
Produced in association with Boardroom.Media