Really hard to come up with a sense of value for this company.
Don't really see the point in them holding listed companies like CXZ, MySquar.
Seem's like an investment for exposure to a range of tech companies.
Gophr, Meu and Prism are all quite attractive.
Net asset value of $2.2m from annual report based on valuing investments at cost.
Outflows for this year should be minimum $2-$3m...
Comes down to what you think their investments are worth.
They surely would have increased in value, but by how much?
Would need to be multiples to justify current market cap.
A lot of dilution too come as well...
Tempted for a punt, but i'll probably wait until there's more information.
Investing blind at this stage.
YNB Price at posting:
14.0¢ Sentiment: None Disclosure: Not Held
