ARX 1.92% 53.0¢ aroa biosurgery limited

IPO - Aroa Biosurgery Limited, page-13

  1. 244 Posts.
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    Looking forward till listing day tomorrow.

    Aroa seems very conservatively priced at around 9 x revenue with a valuation of $225m at ipo.
    Polynovo with a market cap of $1,500m and revenue of around $25m is valued at 60 x revenue.

    Should be a good day for the investors lucky enough to get some shares.
    I will be buying more tomorrow if it lists at $1.10 or below.

    Good luck.

 
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