Investment Community speaks on ASX Rule Changes
The ASX has split the Australian investment community with their proposed changes to Initial Public Offerings (IPOs).
There are several hurdles that companies face to get on the ASX via the IPO process. These proposed changes will make some hurdles higher, wider or lower.
Hear what the money managers, brokers and professionals, who help shape the ASX on a daily basis, have to say about these changes.
Read the proposed changes summary here and follow what is being said by the investment community.
Aurora Funds Management's Hugh Dive comments on ASX proposed rule change:
You can hear Hugh's thoughts; comments include, "Fortescue would not have passed these hurdles when it was being backdoor listed, now the third largest Iron Ore company market capped at $10B, ....".
Hugh joined Aurora Funds Management as a Senior Portfolio Manager working with the existing investment team to focus on the Aurora Dividend Income Trust and Aurora Property Buy-Write Income Trust.
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Christopher is head of equites at Spring Financial Group. Christopher has over 10 years' experience managing equities desks with thousands of retail clients and responsibility for maintaining and servicing retail and wholesale relationships.