It’s official, it’s up on “our site”:www.wotif.com, so it must be true: Wotif.com is in the last stages before listing, with the offical “Prospectus now available for review”:http://www.macquarie.com.au/wotif.
The third time I’ve worked for a company that planned to list itself on the stock market, and the first one that’s actually managed to get this far. 🙂 I guess third time really can be the charm, after all.
Seriously, though, if you’re an Australian or New Zealand citizen, and feel like putting some money into it, I suggest you check out the Prospectus. Wotif is growing well as a company – $18.8m last year in profit, a projected $25.8m this finacial year (that projection would be pretty solid by now). Costs have been typically less than half of the overall revenue base, and they’ve never had an unprofitable quarter (not even the first one!).
Shares start trading 8 June – applications to buy as part of the “Broker Firm” offer close on 29 May.