There was an article about this in Margin Call on 22 August (The Australian) from memory the gist of it was that the promoters bought the child care centres at $X and the IPO was priced at $2X. Sorry I'm a bit vague look it up if you like but you have to be a subscriber. Good luck to the promoters I guess for seeing a 'hot sector' and cashing in.
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Child care Centre will it skyrocket, page-5
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