P1 (GCN-stepbrother) is listing for a total MC of 322million!
How likely are you to invest, I'll give you a rundown:
Cash after listing - 3.6million Shares - 1.075 billion EV - 318.6 million Current assets (prior to listing) - 277k After listing - 12227k (12million additional cash after listing fees, most spent as soon as recieved on current debts) Current liabilities (before list) - 2.1million After list - 1million net assets after list - 11million
No profit or revenue on books prior to listing.
So whose in? they only have 50million shares on offer upon listing (rest are held by partners) so everyone getting in quick?
