Rhett says he’ll turn the whole thing into a US$1b company. The 55m listed shares are currently worth A$8m, so the whole thing is about A$37m, so I make that around a 170 bagger… so if he pulls it off, I’m not caring how much richer he gets in the process, he can help himself to an unseemly amount of rights and oppies for all I care. The royalty seems fair enough for the time, effort and risk put in pre-float. Also, it might end up being worth lots of US$bs, not just 1.
Rhett says he’ll turn the whole thing into a US$1b company. The...
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