Bike Exchange IPO onto the Australian Stock Exchange

[AUbicycles]

The Latz Reports details that the Australian founded Bike Exchange platform is preparing for an IPO on the Australian stock exchange.
With shares at 26 cents to raise $20 million - this is only a portion of shares (about 1/4) that pushes the IPO market valuation at a projected $76 million.

Full coverage (and link to prospectus): BikeExchange ASX Float is Underway Seeking $20 Million

If you want to dive into numbers - the prospect has a lot of market data and also balance sheet type data on Bike Exchange.