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Due diligence

Joyce Moullakis

A weak IPO market? Here’s one big reason missed in the debate

Investors have long memories, and poor trading by many initial public offerings over the past five years has played a big part in the souring sentiment.

One topic was notably absent from the fierce debate about the health and future of Australia’s public markets this week.

Investors have long memories, and poor trading by many initial public offerings in the aftermarket over the past five years has played a big part in the souring sentiment towards ASX aspirants. It has certainly been a bumpy road for many investors who have backed floats since 2020.

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Joyce Moullakis is an Associate Editor writing across company news, policy issues, investment banking, private equity and financial services. Connect with Joyce on Twitter. Email Joyce at joyce.moullakis@nine.com.au

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    Original URL: https://www.afr.com/markets/equity-markets/ipo-pipeline-plagued-by-poor-aftermarket-trading-20250612-p5m6vi