SER grossly undervalued, page-14

andy76, since there will be well over 420,000,000 Ionic shares at the time of the demerger,plus seed capital shares and possibly ser options excised, then using the vxl model expect a 4:1 consolidation to bring the number of shares back to a reasonable quantity.
Again using the vxl model then 20c to be the listing price - implying 5c value now in the ser sp.

There are a few factors that could boost Ionic's value pre-IPO:

-If the seed capital participants are keen to accelerate the membranes then that will be a big boost

- The bench scale graphene model that presumably has been built by Monash Uni, could supply graphene for supersand production a lot sooner than the 6 months it will take Ionic to build there're own plant

- Academic papers to be published over next 2-3 months

- If one of the seed capitalist is a significant company, then that will give a lot of upside to Ionic

Now we just have to see how it plays out over the next period with the demerger and seed capital