Today
‘Next Cochlear’ launches ASX float to sell its ‘medical Lego’
Tetratherix, a medical device company backed by Xero founder Rod Drury, is set to make its ASX debut later this month with an ambitious global pitch for investors.
US tax bill backlash; Trump revives travel ban; KKR says PE’s not dead
Read everything that’s happened in the news so far today.
Chair extraordinaire Anne Ward trades at a discount
Ward resigned from Articore on Monday. Then the company’s shares soared.
Yesterday
Painful private market discounts the key to unlocking IPOs
It is ironic that Virgin launched its listing on the same day ASIC released 50 submissions into its public-private markets review.
Investors cash in as CBA soars past $300b but distortion fears grow
The bank’s relentless share price rise has seen its value soar well above the second-largest stock, BHP, despite brokers broadly considering it overpriced.
Virgin Australia prepares for life on the ASX with big spending plans
The airline is set to return to the boards on June 24 following a five-year absence, after owner Bain Capital decided to proceed with a $2.90 per share float.
Ex-journo admits moonlighting for gold minnow on market gossip site
Walkley Award-winner Ross Dunkley has been using an anonymous double act online to beat the drum for his employer, Auric Mining, on day-trading forum HotCopper.
‘What a month’: Small-cap funds make history in May
As the ASX eyes a fresh all-time high, some of Australia’s top investors have enjoyed double-digit returns, often thanks to a small handful of stocks.
GDP misses forecasts; ASIC sues Westpac; The big Virgin IPO question
Read everything that’s happened in the news so far today.
The not-so-secret key to Virgin’s IPO? Qantas
Conditions are perfect for the listing with Qantas shares surging, oil prices down and domestic demand as strong as ever. But are we near the top of the cycle?
Fix the shrinking ASX before private markets, brokers urge ASIC
The corporate regulator is mulling feedback from almost 90 submissions on its review into Australia’s capital exchange.
This Month
Making money from AI is more than new ideas and Nvidia
Hot stocks and spruikers are just a small part of the much wider artificial intelligence story.
Minimum wage to rise; ‘Fix Swiss cheese AI rules’; TACO trade danger
Read everything that’s happened in the news so far today.
‘IPO window definitely open’ says CEO who secured a $250m listing
A $250 million business coming to market will not solve listed investors’ “shrinking ASX” problem, but it shows there is a market for new ideas.
US urges $40b defence spend; Soul Patts’ $14b tie-up; Big bubble looms
Read everything that’s happened in the news so far today.
Soul Patts’ $14b tie-up calls time on a 56-year-old good idea
What was a good idea in 1969 now looks unnecessary and outdated. It’s time to pull Soul Patts and Brickworks together.
Betashares to expand into private credit after ETFs hit $50b
The exchange-traded funds giant, backed by Singapore’s Temasek and Boston-based TA Associates, sees a big opportunity at the polar ends of the market.
Tech company collapse sparks shareholder battle with $14b chipmaker
A group of Australian shareholders are taking on a Taiwanese semiconductor giant in a battle over collapsed listed-tech company Nuheara.
Star chair Anne Ward’s other sharemarket dumpster fire
Ward chairs the ASX-listed Articore (formerly Redbubble), which is facing an audacious putsch.
The epic Chemist Warehouse share sale was one for the ages
A momentous transfer of wealth from local chemists to global index funds has just taken place. But who’s getting a bargain?