How to take advantage of the market being back!
With every capital raise being oversubscribed, it's the perfect time to start planning for 2026.
It's been a great end to the year for anyone raising capital. On my last interstate trip, I started asking people (mostly those who have raised in the last 3 months), what has the market has been like?
No one has a bad word to say.
Every deal has been oversubscribed, and every deal has been covered quickly.
A $1m raise that was 3x covered in 45 mins. A $5m placement that was finished in 3 hours (with no one talking to the company). Big deals are getting gobbled up, and even the ones with slim discounts and no options are getting smashed.
This is less a "what should you do" email and more a "realise the market is back and take advantage of it" one.
2025 is nearly over and getting any deal done now would be... tough. But one month is the perfect time block to start planning for a good 2026.
Whether you're capturing that supply of cash as a capital raise or as an increase in demand and liquidity on market, the goal is to capture it.
Because as we keep covering in this email, liquidity is up MoM and YoY, individual investors are driving more and more volume, and the cost to serve them continues to drop.
So make sure you're leaning into all investors, smartly, and looking for ways to soak up and capture that capital. It's going to be paramount for an amazing year ahead.
I'm getting ahead for our Perth Client Christmas drinks, so I'll keep this email short (need to grab a beer in this heat!), but keep an eye out for next week's email which will be our final one for 2025.
Cheers,
Ben.