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30/11/15
15:59
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Originally posted by mogo77
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I'll have a go, here's a possible scenario
265M shares on issue
245M convertible note $245k, can be converted at 0.1c anytime. Assume done
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510 M shares
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Add
a/ Gridcomm Purchase say up to $10M or so.
issue 500M shares at 2c
b/ Cap Raise, say up to $10M, and pay off debt $3.6M, leave $6.4M working capital
issue 500M shares at 2c
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1510M shares
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Gridcomm - youtube clip said they had made committed sales for $4M revenue in 2016. Assume this will grow to . . . lets use $8M for a conservative calc
Working on a PE of 15 I get $120M mkt cap.
Potential share price = 7.9c (MC/# shares)
You can play around with PE's, purchase price etc to determine alternative values.
But it's all speculation until we see answering of the current unknowns.
And if no deal is done, then back to shell status.
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@mogo77 ,
The problem is that if there is no deal then the value of the shell like this should be around $500K..... which means the SP could go pre-MOU announcement.