Chanticleer
IPOs still the preserve of banks, brokers and wealthy investors
Chanticleer is Australia's pre-eminent business column.
Updated
It is now obvious that reform of the ASX listing rules to make the initial public offering market fair to retail investors is in the hands of the Treasurer Scott Morrison.
It is clearly not within the remit of the ASX which admitted as much yesterday in its publication of new rules for admission to the ASX official list.
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