Ryzie if there is a MC of $30mil, then basically any buyer would be getting a bonus of $12mil for DSB, $3mil in bank, and then paying $0 for an established company, with apps etc and turning over $12mil etc per year.
Even if you look at $60mil MC, that's only leaving $15mil for the actual IOU business, taking out value of DSB&cash. That is a ratio of 1.5...
Ann: March Quarterly Activities Report, page-335
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Last
4.1¢ |
Change
0.005(13.9%) |
Mkt cap ! $83.23M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 4.4¢ | 3.4¢ | $4.062M | 104.3M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1562346 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 390000 | 2 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| OVT (ASX) Chart |