An entity’s first year after admission to the Australian Securities Exchange (ASX) is generally an exciting (and challenging) time. While the team will probably feel like they have just run a marathon to get to the listing ceremony and ring ASX’s bell to signal the start of trading, the initial public offering (IPO) process is just the beginning of the journey. Navigating the world of a listed entity is complex, with the team under more scrutiny than usual from investors, regulators and the media.
While acknowledging that the path to IPO is different for each entity, this article shares a number of observations that apply generally to entities going through the process, irrespective of industry, sector or size.