royal wolf ipo, page-3

Based on the name , well the name came from a fishing lure from when the management team went fishing in Darwin.Now for this company being a good bet , i wouldnt take shares if they gave them away. Trying to raise 96MILL i was told that RWH owes 91 million doesnt leave much to expanding the business. I heard RWH was nearly out of bussiness 12 months ago. All this as it maybe , DYOR there are more Australian ans NZ hire and sales companies doing the same business they havent got market share anymore, even leasing companies are supplying big mining projects like Gorgon in West OZ cutting deep into RWH.

Please DYOR .