With large cap fund managers trying to work out the future of Australia’s complex national electricity market and how the $1.5 billion-plus float of Alinta Group will fare, small cap investors also have a bit to chew on.
First out of the block after reporting season is direct insurance business, Freedom Insurance.
Soprano Design is the latest technology company hoping to embark on an initial public offering, hiring Blackpeak Capital to work on the possible listing.
Run by former Credit Suisse bankers Scott Colvin and Max Billingham and Jamie Taylor, Blackpeak worked on the float of the $1.5 billion logistics technology software business Wisetech, which has staged a strong rally since its initial listing last year.
It’s understood Australis has hired Euroz Securities and Bell Potter Securities to oversee the mooted initial public offering, while Max Billingham’s Blackpeak Capital is also involved.
The raising will be as much as $50 million for a market capitalisation of about $100 million. An ASX listing is slated for the second half.
Soprano Design is the latest technology company hoping to embark on an initial public offering, hiring Blackpeak Capital to work on the possible listing.
Run by former Credit Suisse bankers Scott Colvin and Max Billingham and Jamie Taylor, Blackpeak worked on the float of the $1.5 billion logistics technology software business Wisetech, which has staged a strong rally since its initial listing last year.