The initial public offering saga that is Owen Hegarty’s Tigers Realm Coal has taken another twist, with the offer repriced, restructured, downsized and postponed.
The junior coal company was expected to debut on the Australian Securities Exchange on Wednesday but its IPO has been pushed back until August 29.
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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