RE: IPO experiences28 Mar 2018 19:29
Reese- You saw the interview mate and as you said anything above will be dividends. Todays mcap is �3.78m, so for the sake of simplicity- if and when Prim reaches over �25m, I could see the dividend being a similar amount to what people are currently investing.
So, to get your money (at current share price back as a dividend) all you would need is for Prim to make �28.78m
It might not be this year, but if you look at Engage (who intend to IPO over �100m), Freasho, WeShop (This could be a biggie) and the other nine investments going well, I would think that this is possible!
Prim currently have 12 investments and The ones mentioned above and HHDL would more than make up that figure (fingers crossed).
At this point I really doubt that there will be any dilution before any profits as the company is now in a position where it has liquid assets in the form of shares in Alba and Solo, should there be a "can not miss" investment opportunity.
So, for me this is one of the few companies with a strong basket of investments, money in the bank and the ability to raise money (should it need to) without dilution or getting into debt! To me that is a very powerful situation to be in. I wish I had more money to invest!