NSX Welcomes Stacpoole Investments Flotation
Friday, March 8, 2013
The National Stock Exchange of Australia (NSX), Australia's second largest listing stock exchange, welcomes Stacpoole Investments Ltd (NSX: SON) as the latest floatation onto the growing NSX market.
NSX has successfully added Stacpoole Investments Ltd (NSX: SON), a specialist investment company focused on residential property in the State of California. Stacpoole is looking to take advantage of the growing interest in US residential property that has seen the first shoots of positive price movements since the GFC.
Stacpoole Investments represents the second listing in 2013 on NSX and NSX expects many more listings in the coming months as their pipeline of new companies and brokers continues to grow.
Adam Smith, Managing Director of Stacpoole Investments, said: “We are extremely pleased to complete our listing and raise funds, especially in this tough market climate. NSX has assisted us greatly throughout the listing process and we look forward to growing our funds under management over the coming years.”
Emlyn Scott, CEO of the National Stock Exchange, said:“NSX again welcomes a new company to our growing stable of listings. We look forward to working with Stacpoole to realise their growth plans and providing a vibrant market for them to flourish.”
Author: NSX
Source: NSX
For more information on Stacpoole please click here