go2 ipo, page-5

Have had a read of prospectus, will be a clean balance sheet once capital raised, the debt to ATO will be paid off.

Considering they are predominately WA company they've done quite well considering how weak mining has been and they look to have managed to move well into construction work with a big pipeline of works for 2017

PRG takeover last month for $780 mill will kick off some interest here as both in same sector

It was only last year PRG took over SKE for $650 mill or so who are also in the same game as GO2

They need to get margins up but I think economies of scale will help here once they branch out with the ipo funds into other states and overseas, supposedly a lot of demand for their services.

If you google them they have plenty of works and I have asked around FIFO guys who say they know of them as one of the main recruitment players in the mines now

They did a 500k preipo raise a while back at 15c so not much stock there but raising 10-12 mill be interested to see who gets it and how tight

I think with corporate action and growth potential and clean balance sheet will be interesting one, Disclaimer I am in at 15c