ADO 0.00% 2.1¢ anteotech ltd

Fair value for DIA..., page-5

  1. 367 Posts.
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    From an earlier post of mine:
    With DIA revenue growth and EBITDA 20% margins plus their freehold commercial property, it could be expected that even in a fire sale, we would raise buyer interest over A$30m. If someone wanted to acquire it and then roll it out as an IPO on say NASDAQ, with its earnings on the A$25m estimated revenue alone, they could expect to have a market cap of of more than A$50m, plus a sale of the commercial property as a bonus.

    As BB commented, an IPO would be difficult whilst ownership remains with ADO, however, value of the ADO participation would be weighted back into our share price to benefit all shareholders eg. a 50 % float at A$50m would give us our money back and allow us to retain interest in the new entity of another A$25m. Time is the problem, with at least 6 months required to get a NASDAQ listing assuming SEC (securities exchange commission) approval.
 
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