when FB made a tilt at WhatsApp a few years ago, the revenue generated by them was ZERO... I think even now, it generates barely anything (not sure how much they charge for a business whatsapp account nowadays)... yet FB paid $19 billion for the 20 member WhatsApp stock (unlisted/private)...
now come to the present... we are probably one of the most visible name in the "metaverse"... we are generating revenue (We don't know how much because we are not listed and not audited - that is a story for another day)... imagine if a large player suddenly realises that with this META changeover, this metaverse is something they cannot ignore and HAVE TO have a go in the metaverse themselves - they cannot start developing their own code from scratch as FB/Meta will be a million years ahead of them by the time they develop something half as interesting...
what does this organisation do? BUY OUT THE BEST unlisted/private company out there in this field - and as I said, we are one of the best (or atleast ONE of the most visible)... they have to buy out that company at any price (cash or in stock like what happened to APT a few months ago)...
so if our takeover comes, it won't be at the traditional 50-75% of the last traded price but at valuations that Whatsapp saw (but in 2021 those valuations are considered to be very cheap) - so even a multiple of that $19 billion... say a double? $38 billion?
not sure who will be the takeover predator but do we care? It won't be FB for sure, it will be one of their competitors...
if you think I am high on some crack and typing, I am not... and I am talking US$ and not our AU$ too...
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