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This is an interesting thing I saw in the weekend paper. Of the 14 IPOs listed on the NZX in 2014-2015--only 4 were in the black (??) one was GNE and I think there was at least another high profile listing in the black.
So smaller start ups didnt fare to well as a whole.
That high interest loan usually translates to higher risk....so its a punt (funding research)
Last edited by skid; 08-12-2015 at 04:41 PM.
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