i can imagine most shareholders will participate, which will not only increase our own holdings but also create a very stable base of long term investors at a 30c/ approx 120mil valuation on the company with what we know so far.
This seems very reasonable, and still less than 10x what the company is even at this stage realising in revenue.
Not to mention the board members who also sat on Nearmaps board, (now sold btw.) I believe this company is already where ir needs to be to be gobbled up by another larger company, and the board have some history in pushing companies to inflection points to attract large fish. IP is there, teams are there, but who would, hypothetically, want to buy the company? Any suggestions on private or public companies large enough and with an interest in this field?
Ann: Trading Halt, page-37
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$2.34 |
Change
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Mkt cap ! $1.784B | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.35 | $2.15 | $48.00M | 21.22M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3150 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 25989 | 1 |
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