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Di Pilla’s bolt from the blue snatches biggest IPO of the year

Six months ago, no one saw this float coming. But at $1.65 billion, it is the largest raising for a new Australian company since 2018.

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While most of us sat around bemoaning Australia’s lacklustre IPO market this year, David Di Pilla did something about it.

He found something that could sell – the hottest investment theme in the world – and a way to sell it.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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