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Australian Broker Call *Extra* Edition - Sep 23, 2021 fnarena.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fnarena.com Daily Mail and Mail on Sunday newspapers.
Best & Less (ASX:BST) share price jumps 7% after IPO fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
BFL Group expands into Ras Al Khaimah tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
IPO market freezes over, even though market on fire Save Share The Australian sharemarket is at a record high - but somehow the IPO window has just about spooked itself shut. The S&P/ASX 200 Index closed at a record high on Monday. In an amazing confluence of events, fundies have all but downed tools on new listings, even though theyâre struggling to put money to work in a market trading at 19-times forward profit. Fundies and bankers alike are blaming Nuix Ltd and Adore Beauty; the two companies that, only a few months ago, were the pin up for Australian initial public offerings after stellar debuts in the second half of last year. ....
Bell Potter, Macquarie analysts start selling Best & Less Save Share Clothing retailer Best & Less Group will tell potential investors to expect $657.7 million revenue and $60.7 million EBITDA in the 2021 financial year. Brokers Bell Potter and Macquarie kicked off marketing for Best & Lessâ run at the ASX-boards on Thursday morning, sending detailed pre-deal reports to fund managers. Itâs about the kids: Best & Less Group is making its pitch to list on the ASX. Â Louie Douvis Bell Potter analysts, headed by Sam Haddad, valued the groupâs equity at up to $386 million and said the retailerâs strength was in baby and kidsâ clothes, which accounted for about half of its sales last year. ....