Yeah that’s right, it looks as though you’ll soon be able to buy shares in Fox Racing Shox! The company has put in their application to join the stock market and go public, with the aim at first being to raise $120 million. A chunk of this money will go towards clearing their debt of $52.9 million. That may sound like a huge amount of debt, but it’s not uncommon for a company of Fox’s size to operate with this kind of debt, and in 2012 they turned a profit of $14.2 million.
The price of the shares, and the number of them is yet to be decided, but if you’ve always fancied owning … More
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Competitive bodyboarders Emma Cobb and Lauren Frost highlight the lifestyles of Australia’s female athletes with their new blog
“We won’t ever become as big as standup surfing, but I’m not sure we want to,” explains competitive Australian bodyboarder Emma Cobb, 28. Lauren Frost, 29, chimes in: “We have the most amazing lives on and off the tour doing what we do, and we want to show girls around the world that they, too, could be doing this.” They’re talking about the generalization of bodyboarding as an “unfashionable” and amusing activity—less appealing to the general public than … More
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