GAL 5.71% 16.5¢ galileo mining ltd

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  1. 2,083 Posts.
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    I could be wrong but this looks like a great opportunity.

    They have a global cdn in place proven with rollouts in US, Europe and now China. It looks like this infrastructure has taken over 2 years to set up.

    They address a real need for content providers from a delivery and security perspective (e.g BBC iplayer, Hollywood and now China).

    They are already global. It's not just the China opportunity that excites me.

    They already have partners and are now in an expansion phase (should equate to increased shareholder value).

    And finally capital raising will be at 2c. With roadshows and marketing push to come.

    Also Tv2u consideration shares will be in escrow and will be issued at 1.4c.

    Targets?
    2c pre-listing (2-3 months)
    - cr price with supporting road shows and additional info presented to market.

    8c when all performance targets are met
    - 20m ebita with a mc of 9 times ebita (rough industry average) and 2.5 bil shares on issue. Plus a nice gap on the chart.

    All my opinion of course.
 
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