Context for anyone new to the forum - Songtradr owns just under 20% of VNL with convertible debt and options to take this higher.
Paul Wilshire - the CEO of Songtradr, has invested personally and is T10.
Songtradr is a privately held music tech business and based on the capital raise late last year is valued at 20x revenue ($45m).
This is the yardstick I personally use to value VNL. On the current $10m revenue I see fair value at >$200m (listed companies generally trade at a higher multiple)
Vinyl Group growth, page-93
-
- There are more pages in this discussion • 89 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VNL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $106.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $50.61K | 469.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99999 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 85000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| VNL (ASX) Chart |