The Joneses gone by lunchtime
Just after nine o’clock on Monday fixed-price real estate agency The Joneses announced it wasn’t proceeding with its sharemarket list. After lunch it was gone. In voluntary liquidation.
Talk about pulling the plug and going down the gurgler.
The Joneses listing was curious in that earlier director Chris Taylor had said the listing wasn’t about raising capital, rather it was about profile and transparency.
He said last month: "We are not the same as your typical IPO [Initial Public Offering]. This is not an IPO. We are not aiming at raising capital from the public."
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