My initial thoughts are that I would also be cashing up into IPO tech exuberance about now too, especially when increasingly folk are viewing and/or downloading movies for free off the internet.

“Existing shareholders will sell down up about 37 percent of their stake and their remaining shares will be held in escrow until 2016, after the company's 2015 results”

I’d be looking for some firm market analysis in support of the proposed growth also for reasons above.

“Forecast revenues in the current financial year grow to $49.9 million and again to $61,5 million in the 2015 financial year”

Still, one must be prepared to read through a prospectus before passing judgement, let’s see.

http://www.scoop.co.nz/stories/BU140...irm-to-ipo.htm