Butn to go public subscribe Sarah Simpkins A A Small business finance platform Butn is set to list on the ASX, in a $20 million IPO. The company will commence trading on Tuesday (6 July) under the ticker BTN. Butn has closed its $20 million initial public offering (IPO), which saw MYOB Australia increase its stake to 19.9 per cent. The IPO price was 50 cents a share, indicating a market capitalisation of $80 million. Advertisement "); googletag.cmd.push(function() { googletag.display('div-gpt-ad-1606778455514-0'); }); } Advertisement Butn has signalled it will use the funds to invest in its core business model, which includes receivables book growth, accessing new markets and expanding its platform partnerships.