They're the No1 engineering consultancy in terms of revenue, 2nd in terms of profits (Beca is No 1 there). Civil engineering is quite hot worldwide and has been for a while now, and they have no exposure to the US (from memory, they also have offices in the UK, Canada, and Ozzie.)
Disclaimer: Do not take my posts seriously. They are only opinions.
It looks like Fishers will be in, and as they and all the other fund managers will be flush with kiwisaver cash I can't see much being left for anyone else. I'll take my lead post float from Fishers.
I will be waiting with baited breath on details regarding oversubscription etc - depending on the quality of the accounts RE: the prospectus (hopefully tomorrow), I might be quite keen on a parcel - but as you say, Baxter, there may not be a lot left with such a small float on a potentially great company.
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