Capital Raising

TAPPING the equity market for funds during the March quarter was a more subdued affair compared to the major raisings that took place last year.

THE initial public offer market had a good start to the year, but cautious investor sentiment has slowed the run of new floats.

LISTED companies Western Areas and Coretrack are two businesses that raised capital during the March quarter, both effectively needing the funds to help with long-term growth strategies.