Ann: Appendix 4D and Interim Financial Report, page-26

it was a few months ago now.

In terms of net Benefit it is based on the growth they could follow in the years to come. which could revalue rhe business increasing the value to id8.

Some complexity around the valuation though due to the fact that x15 are involved and what does the VC looks like from here. All my oppinons not 100 percent sure......

x15 mainly acquires companies in full to integrate into the stack they are building which is connected to cba.... Payble was abit different as they Just been buying stakes . .

I just hope they don't get eaten up for nothing...but could be a nice cash balance for id8 one day which probably will end up more than current market cap....

All depends how good payble goes.... you would think the valuation at present is between 10-15 M... we own 31 percent at least $3 M just on that.