Integrated used-car platform Carma makes subdued ASX debut after raising $100m from IPO

Used-car trading platform Carma has made a subdued debut on the ASX after raising $100 million in an IPO as the shares traded up to a 10 per cent discount to their $2.70 issue price this morning.

The proceeds of the IPO, which valued the group at $270 million, will be used by Carma to drive its…


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