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2.1¢ icandy interactive limited

if we see that scenario, I think it is safe to assume that...

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Double8

85 Posts.

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15/11/23

10:28

Post #: 70909091
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Originally posted by Sanami: ↑

Also a quick reminder of what would be at stake based on some back of a napkin calculations:

If LSS is valued at 3X LTM revenue, we should see a valuation of around $80m.
Should the IPO offer 30% equity ($24m raise) we will see a post money valuation of $104m.
After the IPO, ICI would own a 70% stake of the now $104m LSS - $72.8m.
Add to that, the remaining enterprise value of ICI, we would be looking at a total valuation of ICI of $90m-$100m.

How did I do?

If we are about to witness the above - I dare say we should be backing the trucks up at this price.

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if we see that scenario, I think it is safe to assume that Lemonsky will also announce the development snd release plan for MG in the prospect as part of what the money will be used for. That could potentially mean a higher valuation of LS both pre and post IPO. If launch of Engineers is part of that plan and mint sucessfully that would also add value

ICI Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 2.1¢		Change 0.001(5.00%)		Mkt cap ! $28.24M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.1¢	$3.465K	165K

Buyers (Bids)

No.	Vol.	Price($)
2	57390	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	154641	1

View Market Depth

No.	Vol.	Price($)
2	57390	0.021
10	1185577	0.020
4	763946	0.019
3	304000	0.018
4	900000	0.017

Price($)	Vol.	No.
0.022	154641	1
0.023	66153	2
0.025	299999	1
0.027	61209	1
0.028	35642	1

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