DTC added, PGG going live today.

Damstra Holdings Limited (ASX:DTC) is the latest addition to the watchlist and are an “Australian-based provider of workplace management solutions to multiple industry segments across the globe”. It’s a hardware and SaaS solution and the company has been going at it since 2002 - kudos to whoever designed the company logo, once of the nicer ones we’ve seen in a while.

Key offer statistics and financials are given below, you’ll need to cough up 90c per share as Damstra looks to raise 50M and bring MC up to 123M. EBIT and GP seem healthy, NPAT less so, but it appears to have good backing and is already fully subscribed primarily by large institutional investors., There’s not much chance of getting into this right now, but be sure to read the prospectus in full if you plan to buy at open.

In other news, PGG will commence trading around 12pm today, we’ll pop up an update this afternoon.

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