Thanks Scott. And what about our stakes in Dapper Labs which is valued at $7.5b now and Open Sea? What I’m saying is, I don’t think we’ll have to wait 3-4 years for a $10 valuation, nor will we need the sandbox to get there. If that article in the AFR is accurate and we have revenue of $260m and earnings of $60m, then if we listed tomorrow, even if conservatively valued on earnings at a PE of 30-40, we’d be fetching $1.80-2.40 a share. If valued on revenue like most tech stocks, we’re talking double that.
AB1 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held