So FFG owns 70% of ICI, and ICI has a market cap of ~$30M post raising.
And ICI now owns 3M Nox, which has the market value of 2500 Etherium, which is the equivalent of $750,000.
Scratching my head. I believe originally ICI was hoping to get 18M Nox from this, so to get just 3M Nox seems like quite a significant cull.
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- Afternoon trading Oct 9
Afternoon trading Oct 9, page-15
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