IAB 0.00% 10.5¢ iab holdings limited

inabox ipo, page-8

  1. 324 Posts.
    lightbulb Created with Sketch. 14
    Same here the prospectus is disastrous!
    Think of it this way. IAB was shareholders to contribute $2.5M for 18% of negative equity. That seem crazy in my opinion.

    Additionally, I don't see any cash flow statement in their financial reports-worrying. Additionally, the offer is not underwritten which tells me that nobody wants to buy this business.

    I say stay away!
 
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Currently unlisted public company.

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