daytrading feb 18 afternoon, page-169

  1. 11,400 Posts.
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    Endless,

    P1 (GCN-stepbrother) is listing for a total MC of 322million!

    How likely are you to invest, I'll give you a rundown:

    Cash after listing - 3.6million
    Shares - 1.075 billion
    EV - 318.6 million
    Current assets (prior to listing) - 277k
    After listing - 12227k (12million additional cash after listing fees, most spent as soon as recieved on current debts)
    Current liabilities (before list) - 2.1million
    After list - 1million
    net assets after list - 11million

    No profit or revenue on books prior to listing.

    So whose in? they only have 50million shares on offer upon listing (rest are held by partners) so everyone getting in quick?
 
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