Comparison (without green box attention seeking)28 Nov 2024 09:58
Cab payments - Mcap £177m. Shares 254m. FX and cross border payments.
Gst equivalent - Angraglobal. So let's stay conservative and say Angra could easily get to a 100m valuation alone in time. Perhaps Gst may perform a share consolidation in the future to get similar shares in issue?
This is where we are so different to anything else on the market.
On top of Angra, we own a crypto exchange that's doing pretty well even in these very early days and a cyber security company very likely to be listed separately on Nasdaq, valued to us at $36m presently.
Given the figures flowing through GS20 right now, that has to be worth well above our Mcap, imagine someone coming to you and saying we are making $10m a year and a much higher future revenue forecast, fancy buying it for £30m? Anyone would if they could.
With all of this our current Mcap sits at around £27m. Pretty confident we'll be catching up with CABP's valuation at least quite soon.
I believe. Carry on BoD.