8 Nov 2013 (AFR) – Investors key up for frenetic IPO activity

The lift in the market has enabled a pre Christmas round of rights issues and now of IPOs

Aussie Business Barometer

(8 Nov 2013, AFR, p27, Bianca Hartge-Hazelman)

‘With two months until year end, 2013 could set a new record for floats on the Australia sharemarket, but fund managers warn against taking too much risk amid fears of a potential share price bubble. Fuelling a rush of initial public offerings (IPOs) on the local market before year end has been a 16 per cent rally in Australian shares – helped by central bank stimulus, earnings forecasts into the double digits for next year and a backlog of companies looking to test the market.’

Read more at AFR.com (might need AFR login access)

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