For what it's worth....

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Mazer

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01/03/18

21:09

Post #: 31464340
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Originally posted by squeef ↑

The analysis of the financial model has been astounding in its clarity and insight, not sure it’s important though.

Having disclosed that they’ve already issued further shares, putting the market cap back up to 500m coupled with the doubt surrounding what the actual revenue is (hopefully revealed ASAP), BIG could be devalued by the market down to a MC of 50-100MC, or 25-50c.

That’s not accounting for the torched sentiment due to poor disclosure and other vaguely shady comings and goings.

Unless they’ve got some great guns lined up to deal with everything before relisting, could see 25c/50m MC in the coming months.

I’m shooting from the hip here with a worst case scenario (tbh worst case scenario MC is a lot lower than 50m but that’ll do seeing as it’s a 10th the current value), and am taking MF article face value.

I haven’t followed things too closely since the crash, better for my trading psychology to just walk away from it intellectually to an extent.

Simple question, what’s the actual, not potential, booked annualised revenue going by the subscription numbers? That’ll give us a good indication of appropriate market cap. MC during the heady days of 100m annualised was 500m....so perhaps if real annualised rev is calculated to be 50m, we’ll halve again to $1.10.

One way to look at it.

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For what it's worth.

https://hbr.org/2018/02/why-financial-statements-dont-work-for-digital-companies#

BIG Price at posting: $2.22 Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

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