Australian IPOs live and die on price – everything else is background noise.
Want to list a business? Forget about rubbery private-market valuations and offer it up at a material discount to a listed rival.
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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