AFR says it will be a June 16 asx listing.
Priced at $2 to $2.50 and almost a billion dollar raising.
With that much to raise, I'd say there would be a fair bit going to general public offer.
Will have to look at it a bit closer.
According to AFR, it doesn't sound like it will be massively oversubscribed but who knows where this IPO market is going.
From AFR:
Jason Kim, portfolio manager at Nikko Asset Management Australia, is looking at the float and said Greenstone had a "very good business model" that was light on capital.
"It looks like a decent business, but it does come down to price [of the IPO]. But it looks like the business is growing reasonably well."
