For all the fanfare around Guzman y Gomez’s $335 million initial public offering, Australia’s IPO market is dead quiet. There were just 13 IPOs in the first half of this year – including the burrito group and mostly exploration tiddlers – which was one worse than last year, and we were told that was rock-bottom.
The second half isn’t looking that much better.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
