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Energy, property floats among fledgling flyers

The sharemarket rally is starting to help the float pipeline, with more IPOs closing in the new year, although conditions remain tough for small companies seeking capital.

Tony FeatherstoneFinance writer
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The sharemarket rally is starting to help the float pipeline. More initial public offerings have closed in the new year, although conditions remain tough for small companies seeking capital.

Listed investment fund NAOS Emerging Opportunities Co has secured its $15 million minimum subscription and hopes to raise up to $25 million before listing in late February.

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Tony Featherstone writes on Personal Finance specialising in Superannuation & SMSFs, Specialist Investments.

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    Original URL: https://www.afr.com/markets/equity-markets/energy-property-floats-among-fledgling-flyers-20130111-jiefu