Ords are raising $50M to enable these guys to manufacture pallets made from re-cycled plastic to replace wooden pallets.
Anyone heard about this deal.
On first pass it looks and feels like a cracker of a deal. I've put my hand up for stock because it will be in strong demand given the disruptive nature of the substitute product and the size of the addressable market. The manufacturing plant will be in Indonesia given the low manufacturing costs and central location to trade routes.
I'll do some work on it later this week to get an idea how much above the $1 issue price it will list at.
Anyone looked at this?
Range IPO
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)