GMV - Fundamental Analysis, page-7

Minor adjustments:

Boletong, U$67.5M (not $65m),
=A$93.5M
About 500,000 prizma, my estimate,
=U$135
each prizma, B2B price,

plus
B.Silverlake,
100,000 units, at $135
= U$13.5m, for Year 1.
= A$18.5M

Total China deals
= A$112 million, Year 1.

+
Taiwan
+
USA IDTF etc
=

SOI
Total shares & options
408.5m + 13.5m (Gem)
= 422m
+ 28 options ( est)
=450m
,

Mkt Cap
450m × 20c = A$90m
v
China deals, $112m

Rerating is in initial iceberg stage.
Lets hope all LTHS will hold on till they make 2-3 bags, whatever your av buy price, before unloadinga small portion.

Tight register
422m shares,
80% is in Top 20 (incl yacov 22%, Gem 3%)
10 to 15% is in LTHs, Top 21-100 shh
Only 5% are in free float,
20m shares, for newcomers, to bid up.

ps,
My opinions and estimates only.
You can agree or disagree.
Seek professional investment advice before punting in spec startups.