Good afternoon, Staff, suppliers and lenders are increasingly on edge over the future of the Jon Adgemis pub empire, as parts of it start to collapse and reports surface of his bills not being paid. Guzman y Gomez, known for its brekkie burritos and $3 tacos, has made a bumper start to life on the ASX, stoking hopes the $2.2bn company’s float will enliven a dormant domestic IPO market. Super funds are on track for high single digit returns for the financial year ending June 30, with the median growth fund delivering a gain of 9 per cent, boosted by recent sharemarket strength. |