CAPITAL MARKETS

Tao finds its way after tortured IPO process

AFTER a marathon listing process, Tao Commodities finally hit the Australian Securities Exchange, after a more-than-usual tortured initial public offer process that involved two replacement prospectuses, two supplementary disclosures and one last minute attempted termination of an asset deal.

Tao finds its way after tortured IPO process

Tao had hoped to list by October 31, but its prickly path to market was a horror show that took six months longer than expected, however the Tao team can console itself that, after the shares hit the market...

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