The Liar’s Poker: the theatrics behind the IPO process
Initial Public Offerings (IPOs) have been a hot topic in recent weeks, with Firmus’ IPO aiming to raise A$7.1 billion and give the company a slated market capitalisation of $43.7 billion. This would have been the largest IPO on the ASX since Telstra’s 1997 listing. This IPO was hotly anticipated,…