Can't say I'm not ****ed at AZ's choices. Dilution to date not too bad for a start-up and the SP, well.. I disagree with Hallowed. I put just enough in at low levels but keep a pot for rainy day, so can benefit from binary news (IM) and not get locked out. Thankfully Jim Coyle seems to be having an immediate and positive effect.
Your reasonings are similar to mine, we just disagree on the numbers and neither of us will know... until we know.
I genuinely believe the other revenue streams + TFC... and remember ICC and the big four are apparently also helping source clients... I believe we will easily be IM'ing tens of billions. Remember Greensill (to which we are the answer) expected a £22bn valuation if they floated....
Say 38bn shares. Say 1% revenue and valued on revenue which I think will be 4bn 2022. Say 40x multiplier for FinTech (and that's low for FinTech).
40x4bnx1%/38bn = 4.2p So approx 1p per billion. AZ has previously given numbers 1-2% approx for revenue streams, I'm going low at 1%.
Our resident 25 year old "accountant" with 35 years experience who daily posts on a stock he's not invested in gives childish "nonsense" comments to this yet wants proper answers to his own. There are loss making FinTech's valued at billions MCAP.
Consolidation 10:1 take us to 3.8bn shares. Not unreal - Tesla is 1bn.
FireBoy has already been rumbled trying to use IFRS as a tag but TFC are already using true-sale model (they buy the underlying commodity) and they are doing ok....
RE: tick tock - countdown to lift off03 Dec 2021 12:05
You are a 25 year old accountant with 35 years of experience who deleted that post so could cover his tracks. You are trying to drive PI to sell. Your numbers stink, your IFRS chat is bolox. Good say, sir.