I am interested in this float, does anyone know if they have engaged a broker to help with the sale and if so who.
Printable View
I am interested in this float, does anyone know if they have engaged a broker to help with the sale and if so who.
Seeking a possible valuation of $500m, possibly later this year. I imagine interest for this will be huge!
http://www.nzherald.co.nz/business/n...ectid=11277633
Not big on IPO's / not brave enough to stag but have been watching orion for the last couple of years hoping they would list, we see a lot of their software/influence through work (I.T company who specialize/do a lot of work for gp's and healthcare providers)
What are your general thoughts on the software that comes from Orion? Speaking with some colleagues at the DHB reveals mixed reviews, mostly surrounding buggy code and very slow improvement cycles.
I don't work in the healthcare sector, so I don't have any information to provide balance to their claims.
I found this article from today's NZHerald on Orion interesting, primarily because I worked on this sort of stuff (a digitized patient medical history) 20 years ago.
The main issue then was the [lack of] electronic communication between medical providers (GP, specialists, hospitals, pharmacies) so it used a smart-card which the patient carried round with them (for immediacy) with interesting methods of distributing and archiving patient data.
It worked surprisingly well on a fairly wide scale field test, but got canned soon after for reasons that were nothing to do with the project itself.
So I am surprised and yet not surprised that it is still an issue.
I look forward to any IPO documentation with interest.
Best Wishes
Paper Tiger
Are you able to divulge any further details about why it got canned?
(Not really relevant to orion, just for my own curiosity's sake :) )
Should have mentioned that this was not in NZ.
Who is to know the true reason?
Whilst it was generally regarded as good, no one seemed to want to invest the necessary to take it onwards.
Best Wishes
Paper Tiger
From the NBR today, Orion has engaged PR firm Senescall Akers who specialise in IPOs.
Had better start saving my pennies in earnest!
Anyone heard any more about this potential float? Seems to have gone quiet for a bit...