Ann: Big to Acquire US Hospitality Platform Tipsly, page-146

$5 minimum

Need to factor in a takeover premium as well 50%

When we were a dollar I would of taken $3 all cash.

I believe now 1$B market cap is the number that I believe people and institutional support will go to

Personally now I would like them to partner with some deeper pockets that can take this well and truly global and share prices of $20,$30+

That is only a $4B market cap

I rank this equally now with Yelp might need a few more years to drive revenue but can’t see why this can’t be $2-$3B market in a couple of years