RE: Blockchain Buzz14 May 2018 14:13
That�s the thing people are forgetting at the moment, i.e. any RTO will require the issuance of more shares. They might go up to 250 million and beyond for all we know. If the deal creates a new company valued at �30m � and there are ~250m shares in circulation � the post-deal SP will be 12p, which wouldn�t be particularly stellar. That�s part of the risk�.the possible dilution effect from any deal. What I�m hoping for is that they grab a well-established crypto exchange. That�s where the real money is at the moment and that could create something worth a couple of hundred million from the get go. The dream of an unsubstantiated rise based on hype hasn�t come true unfortunately. An AIQ style uplift would have been very nice but I suspect that if it went to 50p now most of us would sell. It would take something spectacular to get an SP of �1 imho.