Based on current takeover activity in mHelath what figure can we reasonably expect Isonea to be worth upon succesful Australian and U.S. launch (Jan 2014) in March 2014.
I myself believe that the odds of the above are better than 60/40.
I believe a low figure would be $200 mill and the higher end could be $400-500 million.
Assuming an additional 60-80 million shares being issued in the next 6-8 months giving an issued capital of 300 million shares, we could be looking at ashare price of between 66 cents and $1.66. That would mean the options would be worth somewhere between 52 cents and $1.52 !!
Not a bad punt from these levels.
What do you pundits think ?
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