Whenever a high-profile company lists on the Australian stock market it attracts much excitement. Employees and founders enjoy some financial gains and investors get a chance to invest in a potentially exciting stock.
For these reasons, fast-food chain Guzman Y Gomez was one of the biggest financial events of 2024. It undertook an initial public offering which meant for the first time, its shares were available to the public and started being traded on the stock exchange.
However, such public offerings have become rare with many companies remaining private instead of listing on the market.
