Organizations can offer brand new stocks to the marketplace as a means of raising capital. That is known as a ‘float’ or an ‘initial general general public offering’ (IPO).
Have the prospectus
To choose whether or not to invest in an IPO, see the prospectus. A prospectus contains information regarding the ongoing company while the float. It informs you:
A prospectus must certanly be lodged with ASIC. To check on this, see ASIC’s OFFERlist database.
What to look out for in a prospectus: