CU6 1.30% $6.81 clarity pharmaceuticals ltd

Research/Valuation, page-112

  1. 2,778 Posts.
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    Here's a back of the envelope calc using a share price of $2.35.

    prior to IPO they raised $42M, and at IPO they raised $92M for a market cap of $380M

    today those IPO shares are worth $144M an uplift of 57%

    the pre IPO shares that they raised $42M in issuing are worth $454M; close enough to 10 Wombat bags (or 11 Tony bags).

    Now I don't know how many bonus shares were issued along the way for executives and directors to reduce the uplift for people contributing the money but if they managed the valuation progression well then you're looking at around 20 bags for the very early people.
 
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