ASX markets flare on secondary capital raisings
Listings Business Development, ASX
As Australia has taken measures to stabilise its economy, COVID-19 has subdued global IPO activity, and ASX has been no exception. However, from March to May 2020, more than 200 listed companies have accessed ASX’s market to raise over $20 billion in secondary capital. This success has been underpinned by Australia’s highly active capital market, a robust but flexible regulatory regime, and the ability to mobilise capital quickly.