Tuesday, June 14, 2016

Guvera lists on ASX at $1.3b

Photo source:- afr

Govera raises $85m from SMSFs and then lists on ASX at $1.3b valuation on t/o of $1.2m.
I think this is a good move - even though there is a massive risk - showing an appetite of SMSFs to take this type of risk. 

Sophisticated investors who are used to punting in such investments warn investors - " buyer beware"

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