RTH - RAS Technology Holdings IPO lists 11am.
The IPO price of RTH was $1.50.
Impossible to get shares, the few who got in got scaled back up to 95%.
Ladborkes owns 10% of RTH shares.
The company provides the data flows for betting companies including Tabcorp, Ladbrokes, Bet365, Sportsbet, Betfair and BlueBet. It has been operating for over 20 years is a highly profitable business with 98% GP margin.
AFR Articles: https://www.copyright link/street-t...-aussie-ipo-racing-and-sports-20211018-p5910o
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