Okay so looks like18 Sep 2025 18:21
A VC is likely going to invest given DC and NYC events.
Usually DC would invest at say 10% ownership and that underpins a valuation. Wouldnt suprise me if that would be in the region of say £30-40m for 10%. So £300-400m mcap if they go down the VC route. This is not usually an issue of new shares, its literally an ownership sell from one or more investors to the VC. Can sometimes be dilution but in this case would be huge upside.
Lets see.