They'll probably want to raise some $150-200M at 32c that's about 500 million new shares on the market.
That's a guess!
If they will own 100% of LT with no debt it could be valued close to $300-$330 million from its current $250 million valuation.
1.1 billion in sprip at a rough valuation after the cap raising is approx $330 million.
I have not included the value of Crus & ES .
These two assets are wild cats and virtually impossible to value, today. It could be anywhere between $200M to $1 billion.
Fair valuation for NXS it seems including the value of Crux and ES with no debt and keeps 100% of revenue from Longtom is approx $400 million that gives it a valuation of approximately 36c ps.
ANything above a valuation of $400 million at this point without knowing the true value of Crux and ES is being VERY generous.
NXS Price at posting:
36.6¢ Sentiment: None Disclosure: Held
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