What if DW8 SP rises to 10c in 6 months = $264.43M MC & eBev is...

What if DW8 SP rises to 10c in 6 months = $264.43M MC & eBev is acquired for $35M?

Say CR at 8c SP. 25% cash is $8.75M so they will possibly raise $15M @ 8c = 187.5M shares + 328.125M shares for a total of 3.16B SOI.

About 20% dilution to go from circa $50M GMV later this year + $150M GMV eBev = $200M GMV. Would shave 18 months to reach $1B GMV target.

Not saying it will happen. More estimating what type of dilution/time savings to expect if it was to occur.

Aim would be to double GMV every year moving forwards so they would reach their $1B target in about 2.25 years following the acquisition.

$1B GMV x 5% = $50M fees revenue.

Say $500M x 2% fast pay fees = $10M revenue.

10M cases x $15 = $150M revenue.

Subscription/Ads/Data = $10M revenue.

About $220M revenue & $107.5M gross profit assuming 25% GP for logistics.

That's for 5% Australian market share.

I think DW8 will take a big chunk of the 20% fragmented volume from smaller players + some smaller chunks from a few of the big players.