Laughing all the way to the land bank
ANALYSIS: While property developer Winton is sitting pretty after a perfectly timed IPO, its investors won’t be so happy.
Winton Land founder Chris Meehan picked the perfect time to raise capital.
Credit must be given where credit is due – it would be hard to find a more perfectly timed float than Winton Land.
The equity market was still close to its all-time high, interest rates had only just begun lifting from historic lows, and, crucially for a residential property developer like Winton,
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