Sticking with the original plan of letting this move to fair value which as we have deducted is close to $2 p/s based on projected revenue, asset value and forecast growth. Many people have done the math so no point going into top much detail again. This is only on current information. Once we see more clients coming on board it will be revalued again. Plus I’d prefer to avoid such a big capital gains tax bill on this as I won’t have the ability to offset this one.
The bots have been running of late so I’m going to run some short term trades to take advantage of them and the conditional orders being used.
Post launch I’d expect to be starting to see some change of interest of substantial holder notices as asset managers and funds start paying more attention to the growth opportunities.
Enjoy the show on Saturday. It’s been a long time coming!
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