Mate that report is the least of our worries.
Just look at the methodology used, asset and minority interest discount
There are close to no assets reported by Intiger so that explains the 1.51c, literally no value attached to the business.
Honestly if all valuations were done that way they would have told you that Facebook should have bought Whatsapp for $16m not $4bn cash and $12bn stock
I am more puzzled by the softwares being valued at peanuts ($750k) in the announcement back in Jan and not being used at all here, they have at least some accounting value. Aren't they part of the attraction of Intiger?
Mate that report is the least of our worries. Just look at the...
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