aurelex90 Dilution Thread, page-69

Assuming $1.60 BET SP & 15% premium.

		Shares	SP	MC
1	BET	812257401	1.6	$1,299,611,841.60
2
3	TAB	1630434783	1.84	$3,000,000,000.00
4
5	Combined	2442692184	2.17	$5,299,611,841.60

When the combined entity is acquired by SPAC for Nasdaq listing may be a 50% premium = $8B AUD or $6.18M USD. Will be very cheap compared to FanDuel that is expected to IPO for USD $30B with $800M revenue & -$148M EBITDA. FanDuel valued at x37.5 TTM revenue. The combined BET/TAB entity will have $2.4B revenue & $454M EBITDA. Should be valued higher than FanDuel.

Assume $8B AUD Nasdaq listing = $3.28 SP. They will then aim to grow it to $50B AUD within a few years = $20.50 SP.

Matt Davey has mentioned the Tekkorp SPAC was set up for an acquisition larger than a few billion USD & wants it finalized within 2 years. The SPAC currently has funding for an acquisition up to USD $2B but can easily access more funds for something larger.