OnMarket in the news

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 ...

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 ...

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.

New capital raising tool for ASX-listed juniors

New capital raising tool for ASX-listed juniors

by Australian Journal of Mining 11 Jul 2013

The ASX is poised to launch a new capital raising service that could potentially offer a boost to resources companies looking to raise funds. ASX BookBuild’s service will provide a new method for pricing and allocating new securities, such as an IPO, placement or sale of renounced rights.

ASX BookBuild - A new platform for raising capital

ASX BookBuild - A new platform for raising capital

by Association of Mining and Exploration Companies 01 Jul 2013

ASX BookBuild is a new on-market capital raising platform that builds on the best features of existing methods, whilst overcoming their limitations. While ASX BookBuild is an initiative of the ASX, it isn’t mandatory. Nor is it mutually exclusive of existing methods.

Bonded by a mutual goal

Bonded by a mutual goal

by Gareth Hutchens (Sydney Mroning Herald) 21 May 2013

Members of the financial and political community gathered at the Australian Securities Exchange on Monday to celebrate something that should not have taken so long. Finally, retail investors have the chance to buy exchange-traded Australian government bonds ...

Mirvac's capital raise irks

Mirvac's capital raise irks

by Sarah Thompson, Anthony MacDonald, Gretchen Friedmann (Sydney Morning Herald) 14 May 2013

By the time Mirvac’s $400 million capital raise for its GE acquisition closed on Monday it was three to four times oversubscribed. But new chief executive Sue Lloyd Hurwitz had little time to celebrate the achievement.

POLL RESULT: The Mighty River share price was decided by the Crown. Should the book build have been conducted on market?

POLL RESULT: The Mighty River share price was decided by the Crown. Should the book build have been conducted on market?

by National Business Review 10 May 2013

NBR has called for more transparency with IPO book builds, and readers strongly agree. The question now: will Finance Minister Bill English and SOE Minister Tony Ryall listen as they emark on the next three power company partial privatisations?

Getting a better deal on capital raisings

Getting a better deal on capital raisings

by Christine St Anne (Morningstar) 09 Jan 2013

Christine St Anne: Our Head of Equities, Peter Warnes recently made some comments about retail investors getting unfair access to deals like IPOs. A new service from the ASX aims to change that.  Today, I'm joined by Ben Bucknell to tell us a little bit more about ...