The $ 303 million initial public offering by
earthmoving company NRW Holdings Ltd has led Western Australia's strong resources - driven growth in IPO activity for the September quarter.
Not exact matches
Heavy
earthmoving equipment supplier Emeco Holdings has shrugged off a credit rating downgrade from Fitch Ratings, with managing director Ian Testrow saying the market should focus on the big picture of the
company's merger and restructuring plan.
The
company has a nice moat selling
earthmoving equipment, as the fixed costs are so high that it is difficult for new
companies to enter the field.