5GG 7.89% 3.5¢ pentanet limited

sell or No, page-14

  1. 13,622 Posts.
    lightbulb Created with Sketch. 4845
    The IPO was 25c for 89,840,000 shares

    That means the company was valued at that point ( 29th January ) at $22.46m.

    While I also think the Fixed Wireless network has great potential, and great margins, can you suggest why the company is now being valued by the market at $176.8m?

    I certainly can't hence, took my profits and am just going to sit back and watch until the market cap comes down to what fait value might be.

    ...
 
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