IPO – Carbonxt Limited (CG1.ASX)
. Only non-brominated product available that can remove the mercury produced by coal fired power stations
. Extensive growth opportunity with a new feed source expected to drive gross margins significantly higher in the near term
. Long term contracts with customers include built-in price rises
. Raising $10m Mkt Cap $ $51m EV $41m
. Existing and major shareholders will not reduce holdings in the IPO
Strong institutional support and backed by billionaire property developer Lang Walker.
