RE: .Berlin 31.5k registrations19 Mar 2014 09:23
M and M require an average of 100,000 registrations per TLD assuming they get around 30-35 based on £25 a pop to meet my expectations. Only real evidence of this will be shown in the months ahead. Cannot see much objectively yet as it is too early to call. But to maintain current SP (say 15p) they would need to get around 20,000 registrations per TLD. I do not think that is unreasonable so happy to hold. (Back of fag packet calc based on P/E of 10 and 850 mil shares in issue.)