Has anyone looked at the Damstra IPO.Being done by MS and...

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    Has anyone looked at the Damstra IPO.
    Being done by MS and Morgans.
    In the SAAS space, with revenue and EBITDA postive on a proforma basis.
    EV range suggested around $110m to $205m and I think at $205 m EV it is not worth it.
    There will be an existing shareholder sell down as well.
    Pricing will come out next week.
    Views welcomed and in particular if their technology is well accepted.
    ( I recall with Wisetech speaking with freight companies in a few countries and their reviews on the Wisetech offering were really good.
    In short, if the Damstra software products are good then this may be worth looking at

    Thanks
 
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