Likewise in two minds, concept appears to have legs but cash burn is high but that should be expected at this stage. Very limited cash in bank and ipo required for payback of liabilities and future growth. Management are not retaining as much stock as I would have preferred to see. Still I think it could have good potential, will be watching.
IPO - Irexchange Limited, page-7
Currently unlisted. Proposed listing date: WITHDRAWN
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