ASX blocks IPO of music streaming company Guvera

Updated June 20 2016 - 1:14pm, first published June 17 2016 - 7:26pm
Blocked: The ASX has nixed Guvera co-founders Claes Loberg and Darren Herft's IPO plan. Photo: Wayne Taylor
Blocked: The ASX has nixed Guvera co-founders Claes Loberg and Darren Herft's IPO plan. Photo: Wayne Taylor

The Australian Securities Exchange on Friday took the rare step of rejecting an initial public offer, telling loss-making music streaming company Guvera it would not accept its shares.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Wollongong news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.