I think you had a typo there as it's Ventnor (Perth Outfit) - Suggest you take a look at LCD, one of their shells
But agreed the EV is high, plus no revenue's & Net loss of 1.3m FY17.
This and another prospectus I've had a quick skim through (Data Exchange) from where I sit seems to exemplify a late stage Bull period (based on the amount of POO coming through), but hopefully I am mistaken and there's quality.
More broadly will be interesting to see how bigger chunkier mining IPO's go (the likes of Jupiter - Hartley's I think) and Riversdale go in this market
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