Tim Carleton, Portfolio Manager at Auscap Asset Management says the coming IPO of 3P Learning has caught his attention
Tim Carleton, Portfolio Manager at Auscap Asset Management says the coming IPO of 3P Learning has caught his attention. Carleton says, From a business perspective 3P Learning, an online education provider targeting school students both domestically and internationally, looks very interesting. They appear to be a market leader with a number of impressive products including Mathletics, Reading Eggs and Spellodrome that are licenced to thousands of schools around the world. Whether the IPO is attractive with depend on pricing, with the market occasionally getting carried away recently with businesses that exhibit growth in revenues and earnings.
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