I think potentially some would look at script option. It's not so far fetched either, remember this was a option when REA acquired iProperty Group which was another Catcha business. Funds with a mandate to hold private assets could look at it. Motivation would be relisting in US via SPAC in say 12 months time. Catcha have a SPAC already which is yet to invest its capital. Basically business would be compared to Carvana but the Asia equivalent. That multiple is crazy so maybe some could take punt?
ICQ Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held