RE: Nigel Burton11 Sep 2018 17:21
£1.1m is our value + £10m for Digitalbox. This gives us a valuation of £11.1m. They will then go to the market to raise £3m at a set price (at a slight premium, typically, although depends on appetite for the companies' story).
Our mcap will then be set by initial interest in the city and obviously the supply/demand of the shares. T/O was last recorded at £3m and the obvious growth strategy is to add more high volume website to their advertising model. The BOD is first-class.