Looking forward till listing day tomorrow.
Aroa seems very conservatively priced at around 9 x revenue with a valuation of $225m at ipo.
Polynovo with a market cap of $1,500m and revenue of around $25m is valued at 60 x revenue.
Should be a good day for the investors lucky enough to get some shares.
I will be buying more tomorrow if it lists at $1.10 or below.
Good luck.
IPO - Aroa Biosurgery Limited, page-13
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Last
60.5¢ |
Change
-0.005(0.82%) |
Mkt cap ! $208.2M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 60.5¢ | $17.15K | 28.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 148 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 957 | 1 |
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| Last trade - 14.11pm 16/07/2024 (20 minute delay) ? |
| ARX (ASX) Chart |