So there is a few valuations now suggesting around $200m mc. So fully diluted about 3.5 times current sp. That's without any further deals with the approx $50m after Piramal and options exercise. Looking like we need a catalyst to get things running. So my question is do you think white label licence will pick the SP up a few dollars or do we need a) more time and definitive ipo listing date b) an acquisition putting the funds to good use? For mine I think between $2 and $3 after white label licence. Then it all depends on what the acquisition is like. Could easily be another buck or 2. So I will go out on a limb and punt on $5 sp before end of FND financial year. Thoughts?
FND Price at posting:
$1.08 Sentiment: Buy Disclosure: Held
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