RE: The Final Offer23 Sep 2021 22:32
Like most in here I’ve jumped through financial hoops trying to work out a price. I settled on $5 bil which I believeis £1.38 ish each :)
Since then we have had two large ii both weigh in at around 26p when they could have bought @ sp and velles @ 29 I believe ??
Now I know a placement like these allows for juicy trading opportunities such as forward selling, pushing sp down buying cheaper, loaning to shorters and a multitude of other “ shenanigins “ but what return would you as a ii expect realistically for that size investment ??? So I looked at venture capital q&a and found this “ if the startup even theoretically can't make 10x, that means it's bad investment for us, even if it's low risk great investment.“ now this is pure V/C so different but there is always a chance of failure so they expect good return on risk !! I chose to halve that figure because asset is partially proven ( pgm estimates in ground ) so different slightly than V/C BUT that’s 5 x from a base point of 26p !
In my view the placing investors will be expecting a fivebagger ! So a 29p +26.5p+26p “ investment is an average of 27.16p @5x is a minimum expected return of DUM DUM DUUUUM :) £1.3583 minimum expectation upon agreeing to the placing :)
So that is my new considered sale price as the minimum expected by what we could loosely call our venture capital investors !!!
Works for me gla