some other good points I noticed:
- plastic pallets have several advantages over wood which make this disruptive (durability, strength, RFID/big data, enviro friendly)
- the $50billion global market is highly fragmented, many large players play in the space which leaves room for a monopoly to emerge or even leaving Range as a key potential takeover target (particular potential of Brambles who own CHEP pallets to make a move as most of the management team leading this are ex-Brambles)
- the current shares of the owners will be escrowed for at least 6 months so won't see any significant dumping on listing date
