General stock market health, here and abroad, and improving investor confidence will prove to be the transmission mechanism for healthy IPO outcomes in 2025.

Much has been said (and written about) the extraordinary events of last week involving the unveiling of China’s stimulus measures, aimed primarily at protecting the central governments 5% growth edict.

Opening the aperture on the growth of the S&P/ASX Small Ordinaries Index over the past two decades makes for interesting reading.