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BOOM: DOWN COMES A DREDGER PAGE 2
The smile says it all
Jockey Noel Callow celebrates after Our Big Mike recorded an impressive all-theway win in Friday’s Moe Optical Moe Cup. FULL COVERAGE AND PHOTOS - SPORT
BAKER’S WINNING RECIPE
TAKING STOCK
PAGE 4
A MORWELL telco was floated on the stock market for a staggering $190 million on Friday after being founded 17 years ago by a local man who “barely passed VCE�. Aussie Broadband started trading on the ASX under the name ABB, with 40
million shares on offer at $1 each. It was over-subscribed and closed within 75 minutes, with more than 9000 people queuing up before the offer opened. The company also picked up an extra 100,000 customers in the past five months and employed an extra 150 staff, as more people sought “better quality internet� while working from home.
Aussie Broadband managing director and co-founder Phillip Britt said this success proved that any company could thrive in the Latrobe Valley given a chance. “I was born and bred in Morwell and ultimately Morwell is my home. I grew up here and it makes sense to have the business here,� Mr Britt said.
“Regional people have a different way of thinking and are more focused on customers, they get this more than city people do.� Mr Britt told The Express he “barely passed� VCE and left school to work in a computer shop. Continued on page 7
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