Wait until later in the year, we should hear something by late October
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Wait until later in the year, we should hear something by late October
The Orion Health AGM is on 16 September. This may give some indication.
Ex-Fonterra boss Andrew Ferrier has been appointed chairman: http://www.nzherald.co.nz/business/n...ectid=11325685
https://www.orionhealth.com/20141003...unsel-auckland
- Demonstrate a good understanding of the New Zealand Companies Act, Securities Act and Listing Rules (required).
Suffice to say IPO is all go.
There is a special meeting on 17 October to approve the issue of new shares in anticipation of an IPO.
The Sunday Star Times had an article on the IPO.The lead brokers are First Capital NZ and Craigs.
Further details are not far away,[this week or next ]with listing expected before Christmas.
I saw an article in NBR and on scoop attempting to draw a comparison between Orion and Xero.
I speculate that this was Orion's PR company in the background orchestrating the article somehow to try and link Orion to high valuation multiples.
I certainly hope they don't get greedy with this one. I view Orion as more like Gentrak with large customer revenue lumps. GTK also listed well and weren't too greedy with the IPO price.
(Gtk order debacle excepted of course)