this is a very bad business. low margin and extremely competitive, minimal barriers to entry. private equity packaged up and artificial spruiked forecasts. so convenient in the prospectus year the profit grows. prior years absolutely no growth. all proformas, CiMIC never report any profit from this.
IPO - Ventia Services Group Limited - 25 November 2021 12:30PM AEDT ##, page-37
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