OnMarket in the news

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 ...

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 ...

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 ...

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.

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

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.

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 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.

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 ...

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.

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?