2BE 0.00% 4.9¢ tubi limited

IPO - Tubi Limited, page-2

  1. 458 Posts.
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    Interesting, profitable business with a good product.
    Some key contracts that are vital for the business but barring a black swan event seem solid.
    Directors are to have a high percentage of the holdings with minimal amount for the public.
    Management expenses are high with full wages to key staff and high STI at 50% albeit serving as a golden handcuff.

    I question why they are listing in Australia when their business is and is planned for further expansion in the US and NZ.

    Thoughts?

 
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Currently unlisted public company.

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