Booktopia IPO

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    Booktopia is stepping up preparations for its slated $150 million sharemarket float, with plans to front fund managers next week.
    Brokers Morgans and Ord Minnett have booked fundies for site trips to Booktopia's head office in Sydney's western suburbs.
    The site trips come as Booktopia and its sponsor brokers prepare to launch deal marketing.
    The IPO is expected to value Booktopia at up to $150 million, based on sales of $80 million in 2016 and forecast sales of more than $100 million in 2017.


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