Invest me hearties!

http://www.couriermail.com.au/busin...-to-52m-in-float/story-fnihsps3-1227267113562
Invest me hearties!
A Queensland academic with a rather odd fondness for pirates is hoping to raise up to $5.2 million in the float of one of his funds management businesses.
Stuart McAuliffe (pictured) lodged a prospectus with ASIC yesterday and expects to start share trading in his John Bridgeman business on the ASX in early May.
McAuliffe’s entity is part of his Henry Avery group, which he named after a 17th century English pirate. (Avery apparently used the alias John Bridgeman in port.)
He is also planning to take another entity, Henry Morgan, to IPO next month and raise $15 million. And yes, that too was named after another 17th century English pirate. Perhaps Johnny Depp might be interested in tipping in some cash?

“All my company names are pirates. They made the Forbes list of most profitable pirates and they all had long lives,’’ McAuliffe said.
“They were global and looking to make profits wherever you go and they were flexible and mobile.’’
How any of this is supposed to inspire confidence in investors remains unclear but McAuliffe, an associate professor of finance and economics at Bond University, claims he has delivered average annual returns of 109 per cent since founding the group in 2008.
As a signal to the market, he’s tipping in $1 million to the float and waiving a salary and director’s fees for the first year.
McAuliffe’s father, John, chairs the board, which includes local bizzoids Ross Patane and Simon Richardson.
Corporate lawyer Brett Heading will provide guidance and his former partner, Jenny Hutson, is also getting a piece of the action.
Hutson’s investment bank, Wellington Capital, acts as corporate adviser, with Hutson’s lieutenant, Mary-Anne Greaves, serving on the executive team.