"THE AUMAKE INTERNATIONAL LIMITED PUBLIC OFFER HAS CLOSED."
One of the most exciting IPOs to be a part of imo given the huge expected revenue growth as stores grow from 5 to 20 over the next few years and a store opening this month in George steeet Sydney! Market cap at IPO with the oversubscription will be ~19 million. Revenue for the consolidated entity for the period ending FY17 was ~12 million.
Great stock to buy imo to get exposure to the china infant formula story (A2, Bellamys) as well as health care products in china (sukin, blackmores etc). GLTAH and DYOR. See you all on the listing date in October
AUG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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