QRN 0.00% $3.57 qr national limited

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  1. 425 Posts.
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    Hi guys,

    I'm expecting solid interest from insto's over this one. I agree, at first glance seems expensive (givent he PE etc), however there was a good article in The Australian (last week I think) that sheds some light on why this IPO may actually be good value. I've thrown a bit of coin at it, not a great deal.

    Here's the link if anyone is interested. Worth a read.

    http://www.theaustralian.com.au/business/opinion/get-the-numbers-right-on-qr-float/story-e6frg9jf-1225949090400

    Cheers
 
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