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WiseTech Global IPO coming very soon, page-33

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18/03/16

22:15

Post #: 17316000
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Originally posted by Nani (MG) ↑

Thanks guys for your comments. The common theme seems to be that it is too expensive at this stage. It would be interesting to see how the instos feel. I must agree that even though it is a Gem in its Field, it certainly appears to be very expensive at the Mid Point. Considering the Aussie Dollar is shooting very high, that can be a big drawback for WiseTech as they have lots of USD earnings. I am beginning to wonder whether $3 is the Price that may be worthwhile for us, but we won't know until we already parted money before the BookBuild. Long Term this will be a ripper for sure.

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My memory of articles are faded and jaded and am happy to be corrected but have I read somewhere that China was the huge target for growth and therefore income?
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