Stay updated with breaking news from Michael Quelch. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The offer was priced at $3.30 a share, a 9.6 per cent discount to the last close but more than double the $1.47 mark at which it listed just six months ago.
The government has given special permission to a television comedy to break most of the road rules.
The three-time Olympic gold medallist has always been a long-term planner, and had his career mapped out well before his illustrious swimming career ended.
Australia’s equity capital markets are slipping behind global competitors on market value, shares traded and foreign listings. That trend is unlikely to change while the ASX is fixing its monopoly clearing and settlement system.
Building social licence is a significant opportunity for retailers but as the travails of the two big supermarket chains show, it can be easily damaged.