Hunting for hybrids in the shadow of the giants

You have to admire companies getting off their backsides and putting capital market deals to investors – plenty don’t have the conviction in these wobbly markets. It takes guts.

Latitude Group has guts. As we were trying to work out whether to believe US President Donald Trump or Iran’s foreign ministry on Tuesday, Latitude was in the market with a new $100 million hybrid to trade on the ASX from late next month.