DataRoom AM: Beacon lights up

Beacon Lighting’s bright ASX debut bodes well for the IPO market, with further excitement around Japara Holdings' imminent float.

Australia’s flagging IPO market could be ready to stage a turnaround after the startling market debut of Beacon Lighting yesterday. The real tests are to come, but it’s a good sign as a bevy of big name companies prepare to hit ASX boards later in the year.

Elsewhere, a slump in the stock of Coca-Cola Amatil may bring predators back to the table, Padbury Mining’s bold Oakajee plans remain shrouded in mystery and Oz Minerals draws in plenty of interest in its massive Carrapateena project.


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