IPO - Trimantium GrowthOps Limited, page-37

To me this feels like it is just a rollup to try and get an arbitration on listed multiples.

The companies are all being remunerated very well, get big upfront cheques - which can lead to disincentives, and the Board members were all part of it coming together and have had good remuneration for it too.

Wasn't there a large roll-up cost that came out of the IPO? A few mill from memory being "the costs of forming the organisation so far" or something to that effect.

Either way, obviously didn't buy in and won't be.

GLHF all