Bang on prazzzz.
The incubator buys of early stage tech companies with huge risks, once the risks are mitigated and the concept is proven then seeks investment from larger firms in a hope to significantly increase valuation which in-turn increases valuation of the entire portfolio as well as provide ROI and much needed cash. This hasn't yet been announced as full divestment yet so we are yet to see what that means.
A full divestment in Gophr would be great...........British Pounds.The AU to BP would be killing us ATM,ReInvesting.
Would see some much needed cashflow but also,valuation uplift for YNB as Investors would finally understand how this Co works.
Looking forward to Shashi providing Shareholders with direction.
Ann: Response to ASX Appendix 4C Query, page-8
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