PropertyGuru's $1 billion Australian sharemarket listing has become the third initial public offering in just over a week to be pulled at the eleventh hour, sinking the IPO market to its lowest level since 2009.
Fidelity's Kate Howitt hasn't bought an IPO in 18 months. Louie Douvis
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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com