I accidentally saw the front page of The Australian IT section (a
newspaper) in a cafe today.

The lead article is about the IPO on the ASX for www.onthehouse.com.au,
a start-up trying to take on realestate.com.au, domain.com.au and the
RE data providers, or something like that.

$1.00 per share, 55M shares on offer, with planned cap of 81M at Day
1. Interesting...

Irrespective of whether it's a sound business or not, they must have
already raised substantial funds, networks and strong PR so there's
something to be learned here.  Does anyone have any information about
this?

I have downloaded but not yet read the prospectus.  I'm looking
forward to it.

Let's go large and get a few Silicon Beach IPO's going ;-)

cheers,
 Jeromy

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