There is nothing in the pro-forma balance sheet to suggest liability issues, and nothing in the notes to the accounts of Octief that I can see. Perhaps, the reason for listing Octief is to pursue an acquisition strategy of becoming the premier asbestos consultancy in ANZ? They might simply want to access funding to achieve this.
As you say, there are many possible reasons, but I can't see any to doubt them at the moment.
HRL Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
