My Food Bag IPO – should you invest?

My Food Bag IPO – should you invest?
Brian Gaynor
The My Food Bag IPO — with the company listing under the name My Food Bag Group Ltd — will be the hottest NZX share offering in recent years.There are several reasons for this including: the company’s high profile, its celebrity founders and the dearth of new listings on the NZX. In addition, the IPO is being supported by the country’s three largest brokers, it will list on the ASX, it will appeal to the Sharesies crowd, and there will be widespread speculation that My Food Bag will be included in the benchmark...

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