Aussie listing on the ASX.

[Rain]

Aussie wants to raise $40 Million dollars. I wonder which smaller ISP's will be gobbled up if they succeed in raising this money.
Also talks about a full mobile offering on the way.

https://www.channelnews.com.au/aussie-b ... g-for-ipo/

[Rain]

https://www.aussiebroadband.com.au/investor-centre/

[Wilson]

Not sure what to make of all this. I went through the IInet float as a customer. To be honest nothing really changed for the first couple of years and then I started to hear of long delays getting a hold of support and that seems to be where they tried to save money. The network itself always seemed to operate ok. I wonder what material difference it will have on Aussie. I guess it depends on what the big players want form them. Will they be satisfied with returns via accusations and their purported move into laying fibre to support themselves. I don't know if this could lead to less of a depending on NBN or not.. that is above my pay grade. Interesting times ahead for those watching Aussie just the same.

[Wamuran4512CH]

Aussie Broadband has begun trading on the Australian Securities Exchange (ASX) after raising $40 million in an oversubscribed initial public offering (IPO).

The Victorian-based internet service provider made its debut on the ASX under the ticker “ABB” on Friday, more than a week earlier than its planned October 27 commencement.

More

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Aussie Broadband has begun trading on the Australian Securities Exchange (ASX) after raising $40 million in an oversubscribed initial public offering (IPO).

The Victorian-based internet service provider made its debut on the ASX under the ticker “ABB” on Friday, more than a week earlier than its planned October 27 commencement.

It has an initial market capitalisation of $190.3 million after offering 40 million shares at $1 apiece under the IPO, managed by stockbroking and advisory firm Shaw and Partners.

A quarter of the IPO was snapped up by its existing customers through a $10 million customer offer. 

https://www.itnews.com.au/news/aussie-b ... rly-554735

IMO lot of suckers spending more money for aussie shares on top of the price rise

[Wamuran4512CH]

https://simonhackett.com/2020/10/22/how ... en-trying/