MTM
New food IPO just listed today, exporting prawns, crabs and scallops to China.
Raised $18M, 3X oversubscribed, current market cap $27M with $9M cash remaining. Top 20 hold 75%, Western Australian company, already profitable, 1/3 cap of SFG which has limited revenue, not profitable and needs $250 million capital to get going.
Day Trading Jan 6 - Morning, page-121
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