CAPITAL MARKETS

IPOs stronger in fiscal 2007

RESOURCE stocks led an initial public offer boom for fiscal 2007, Deloitte says in its annual IPO report, and some delivered returns higher than those in the dotcom boom of 1999-2000.

Rebecca Lawson
IPOs stronger in fiscal 2007

IPOs for 2006-07 increased by 34% to 226 - up from 169 in fiscal 2006 - with the average share price gain at 89%, an improvement from the previous year's 24%. However the total of funds raised is set...

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