Ampcontrol IPO

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    Anyone has more info?

    Small cap fund managers will flock to Brisbane next week, for the annual investor conference hosted by stockbroker Morgans.
    And among the presenting companies this year is initial public offering contender Ampcontrol, which is an electrical engineering and control systems company that services mining, infrastructure and energy sector clients.
    It is understood Ampcontrol chief executive Rod Henderson will front fundies to explain the business, ahead of a run at the ASX-boards scheduled to begin later this month.
    Henderson's appearance comes soon after Ampcontrol hosted more than a dozen potential investors at its facilities in NSW's Hunter region last week.

    Fundies were told Ampcontrol had $200 million revenue in the 2018 financial year, and was running at about a 15 per cent EBITDA margin.

    Morgans and Bell Potter are on board to handle the planned sharemarket float. Marketing is expected to ramp up in late October.
 
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