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No. of Recommendations: 0
Never heard of these guys before so when I read the front page of the SMH (over the internet of course and while it's still Sunday in Switzerland) their name is plastered on the front page.

Went to their site, downloaded the prospectus, ran the numbers and I expect tomorrow the share price will go up some.

Overall numbers don't look so bad but the purchase of Ozemail base does change things. Stays within the strategic scope of their business nicely, should push efficiencies out of the existing business (which is good because no profit as yet) and could push the payback on the working capital majorly (which is not long anyway).

Bit unsure about this one as the company is new and I don't know a lot about it. Prospectus's always look "shiny" to me so a bit dubious.

Need some help, anyone else had a looksee yet ? Any idea's or thoughts.

Staffo
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