Siteminder eyes unicorn status before Christmas
https://www.copyright link/street-talk/siteminder-eyes-unicorn-status-before-christmas-20191218-p53l1v
We could be in for a capital return soon. The high end cap raise valuation is $1.2B. At $1B our eta could go up close to 30c.
Further upside if Siteminder lists with $125M revenue forecast for 2020 and potential 20x revenue- see below- That could value the co at over $2B which would add another +$1 to the current NTA.
Ann: Chairman's Address to Shareholders, page-5
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