The ASX is pinning its hopes on an IPO resurgence in 2024
It’s been a quiet couple of years for public floats in Australia but the ASX is preparing for some big listings next year. Who are the IPO candidates in 2024?
This year has been extremely eventful in many ways, but 2023 will go down largely as another year to forget for the local listings market.
Would-be ASX aspirants have all been forced to bide their time in a volatile market, with a wave of merger and acquisition activity shrinking the names on the ASX board for the first time since 2005.
Yet while they will have to wait a little longer, investors might be in luck with the exchange expecting the IPO window to reopen “around May”, according to listings boss James Posnett.
“We’ve got some larger listings on the way in the middle of next year,” Posnett told Capital Brief.
