Quote Originally Posted by GoldenStag View Post
Written by Brian Gaynor, director of Milford Asset Management which has some ownership of AFT
The gist was that there were not enough IPOs coming along for the NZX (the success rate was obvious though-which Im sure he would not want to connect the dots if he is involved with the newest offering)---Seems like a good bloke who started it and a good company at present--but whether its suitable for a share listing to fund research is another matter---At least with PEB they had Otago uni to do the research and simply bought the end result (something that share holders often overlook who seem to equate the good product with the management instead of Otagos scientists)---(2 part system 1-scientists come up with the technology---2 management buys and is in charge of promoting and selling it)