Like parliamentary majorities and Christmas Toblerones, the stock market is slowly shrinking.
As has been widely commented on, de-equitisation – the substitution of equity for debt – has been accelerating in recent years, largely… Read the article
What do Google and Facebook have in common with the recently listed Snap? Lofty valuations? Check. Internet companies? Of course. But perhaps less well known is their apparent apathy towards minority shareholders. Snap… Read the article
A regular feature of my life is trying to focus on an IPO (initial public offering) prospectus through sleepy eyes on the 06.35 from Colchester! Unfortunately the complexity of the IPO process often means that… Read the article