Looks a shocker to me. It has 110m shares at 75c, which gives it a $82m m/c. According to the AFR article, it needs to multiply its funds under management by 60 times just to break even, and it lost $4.4m in 9 months. Of course, I'm not saying it won't rise.
Ann: Pre-Quotation Disclosure Notice With Various Confirmations, page-3
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