OnMarket in the news

2GB interview with Ben Bucknell

2GB interview with Ben Bucknell

by Ross Greenwood (2GB Radio) 08 Oct 2013

Audio: 2GB Radio's Ross Greenwood speaks to Ben Bucknell, CEO of OnMarket BookBuild.

ASX book-build service an 'evolution'

ASX book-build service an 'evolution'

by George Liondis (AFR) 08 Oct 2013

Ben Bucknell describes it as a natural evolution for the sharemarket, but for some investors, it may be more of a revolution. From Tuesday, equity investors will be able to participate in capital raisings and initial public offerings through the Australian Securities Exchange in ...

Capital raising facility an aid in tight market

Capital raising facility an aid in tight market

by Danielle Hanrahan (Mining Chronicle) 01 Oct 2013

A new facility to raise capital will be launched this month, giving mining companies a helping hand in tapping all-of-market demand and encouraging investors to become more engaged with the capital raising process.

A pint with Ben Bucknell

A pint with Ben Bucknell

by Anthony Barich (Resource Stocks Magazine) 01 Oct 2013

Since before he could remember, ASX On-Market BookBuilds founding CEO Ben Bucknell's father bought him BHP stocks for his birthday, so he imbibed his passion for the stock market from his first mentor.

ASX BookBuild offers a fair share

ASX BookBuild offers a fair share

by Intelligent Investor 01 Oct 2013

A new method for raising capital launches on 8 October. If your directors don't use it for their next raising, ask them why. If you’re not angry about the state of capital raisings in Australia, you should be.

A fairer deal on capital raisings

A fairer deal on capital raisings

by Equity Magazine (ASA) 01 Oct 2013

The Australian Shareholders’ Association has long argued for fairer treatment of retail investors in capital raisings and welcomes the launch of the new ASX Bookbuild Facility on October 8. This will deliver more transparency on the pricing and allocation process for new shares ...

Political risk at the heart of Meridian Energy float

Political risk at the heart of Meridian Energy float

by Brian Gaynor (NZ Herald) 28 Sep 2013

Nothing wrong with Govt trying to maximise sale proceeds but this can hurt investor returns once firms list. Meridian Energy's IPO is all about political risk. Political risk has increased because our politicians keep changing tack, as highlighted by the Labour/Greens proposal ...

ASX BookBuild

ASX BookBuild

by Alan Kohler (Eureka Report) 21 Sep 2013

This morning's big fall by the Dow seems to be simply a reaction to the perceived uncertainty about what the darn Fed is up to. Ben Bernanke shocked the market this week and now the poor dears are all confused, but as I will argue below there should be no confusion about ...

Fee structure of ASX BookBuild is revisited

Fee structure of ASX BookBuild is revisited

by Brett Cole (The Australian) 19 Sep 2013

ASX BookBuild launches on October 8 and it continues to generate consternation and controversy, proving there's nothing like the issue of fees to get bankers hot under the collar. Ben Bucknell, chief executive of On-Market BookBuilds and the proud father of ...

ASX BookBuild bad news for bankers

ASX BookBuild bad news for bankers

by Brett Cole (The Australian) 18 Sep 2013

ASX BookBuild, a new software system that promises investors transparent pricing on initial public offerings, secondary share sales and block trades, is worrying bankers who fear their fees and leverage over such transactions may diminish.

ASX bookbuild plan raises hackles

ASX bookbuild plan raises hackles

by Brett Cole (Business Spectator) 18 Sep 2013

ASX BookBuild, a new software system that promises investors transparent pricing on initial public offerings, secondary share sales and block trades, is worrying bankers concerned their fees and leverage over such transactions may diminish.

Tool improves pricing disclosure of new issues

Tool improves pricing disclosure of new issues

by Australian Institute of Company Directors 18 Sep 2013

A new capital raising tool, which is expected to give boards greater confidence that the pricing of new issues is appropriate, goes live on 8 October 2013. This ASX BookBuild facility will be offered by brokers and investment banks to companies listed on the ...

Bookbuild tool close to launch

Bookbuild tool close to launch

by Kristie Batter (MiningNews.net) 18 Sep 2013

A NEW tool that will increase the efficiency, transparency and fairness of capital raisings has been welcomed by the mining industry in the tight capital markets. The Australian Securities Exchange first announced the proposed new facility, ASX Bookbuild, a year ago.

ASX BookBuild a transparently fairer system of sharemarket capital raisings

ASX BookBuild a transparently fairer system of sharemarket capital raisings

by David Manchee (The Australian) 17 Sep 2013

SOPHISTICATED investors and small fund managers will be particular beneficiaries of the Australian Securities Exchange BookBuild capital raising system, which goes live on October 8 and will be available to all listed companies seeking to raise capital thereafter.

ASX BookBuild Facility

ASX BookBuild Facility

by John Murray (BRR Media Roundtable) 13 Sep 2013

Video: Host John Murray talks ASX BookBuild with Ben Bucknell (CEO On-Market BookBuilds), Rudi Filapek-Vandyck (Founder of FN Arena and Journalist) & David Manchee (Director at Belvedere Share Managers) at a BRR Media Roundtable Discussion. 

ASX to launch bookbuild facility

ASX to launch bookbuild facility

by Andrew Main (The Australian) 11 Sep 2013

THE Australian Securities Exchange will go live with its plan to conduct bookbuilds on the market on October 8. The system, called ASX BookBuild, was developed by Ben Bucknell, a former broker with Macquarie Group who heads a company called On-Market BookBuilds that ...

ASX opens book on capital raisings

ASX opens book on capital raisings

by Malcolm Maiden (Sydney Morning Herald) 11 Sep 2013

What used to be called underwriting is called equity capital markets inside the big investment banks these days. By either name it has been a river of gold, however - and the ASX will dip its oar in on October 8, when its new platform, ASX BookBuild, finally goes live.

AMEC hopes tool can ease funding tightness

AMEC hopes tool can ease funding tightness

by The West Australian 10 Sep 2013

The Association of Mining and Exploration Companies (AMEC) says a new capital raising tool could help to ease funding tightness in the resources sector. ASX BookBuild, developed by On-Market Bookbuilds in partnership with the Australian Securities Exchange, aims to improve ...

ASX world first for new capital raising tool

ASX world first for new capital raising tool

by Mark Mentiplay (Mining Business Media) 10 Sep 2013

A new capital raising tool allowing greater access for those wanting to participate in IPOs, placements and other share issues, will go live on Oct 8, 2013. The ASX BookBuild Facility, which allows management and boards to see how the bidding is going and get a broader ...

Capital raising assistance for mineral mining and exploration companies

Capital raising assistance for mineral mining and exploration companies

by Association of Mining & Exploration Companies 10 Sep 2013

“At the moment equity finance for the mineral exploration sector is extraordinarily tight,” Association of Mining and Exploration Companies (AMEC) Chief Executive Simon Bennison said. On-Market Bookbuilds has developed a new capital raising tool in partnership with the ...

Controversial on-market book-build scheme kicks off in October

Controversial on-market book-build scheme kicks off in October

by Joyce Moullakis (AFR) 09 Sep 2013

The Australian Securities Exchange will begin conducting book-builds for company capital raisings from next month, a year after it first proposed the controversial scheme. The new initiative, which will kick off from October 8, will allow the book-build process to take place on ...

A leg-up for mining companies needing funds

A leg-up for mining companies needing funds

by Australia's Paydirt Magazine 06 Sep 2013

Despite the happy start to the year for the stock market and improved sentiment, which usually supports capital raisings and IPOs, the resources sector was not so lucky. Much has been written about the dearth of IPOs in mining and resources and some of the particular ...

Solving the capital-raising information deficit

Solving the capital-raising information deficit

by Penny Pryor (Keeping Good Companies) 05 Sep 2013

Companies have often struggled when it comes to finding the right price for issuances, but a new capital raising facility from ASX and On-Market BookBuilds could provide a much greater level of clarity for all involved.

SkyNews interview with Ben Bucknell

SkyNews interview with Ben Bucknell

by Bridie Barry (SkyNews Business) 08 Aug 2013

Video: OnMarket BookBuilds CEO, Ben Bucknell discusses ASX BookBuild with SkyNews Business host Bridie Barry.

A leg-up for mining companies in need of funds

A leg-up for mining companies in need of funds

by Australian Resources and Investment 31 Jul 2013

The Australian Securities Exchange and On-Market BookBuilds have teamed up to provide a new capital-raising facility that could revolutionise bookbuilds, and provide invaluable assistance to a sector finding it increasingly difficult to raise capital.