Ecargo Not What It Seems, page-34

Had a look at the proposed WiseTech Global IPO, maybe it will go ahead now later in 2015 or early 2016, looks like it may have been delayed because they are also acquiring new businesses. The valuation was surprising though, talk of over $1B, so if it gets near that then stocks like eCargo will also get caught in the flow (at least for a while). This will be an interesting space to watch over the next year. eCargo will also purchase additional businesses to the recently acquired Amblique, their choice and cost will be critical.

Gw