RE: Yooya14 Jun 2019 10:09
I can see both arguments for the Yooya deal being good or bad, ie:
- if it's so good why are we selling it just when it's going to be ramped up (bad)
- if it doesn't get ramped up by being part of a bigger group then it's not worth as much, and it's certainly hard to get much visibility on it and therefore value (good to sell in return for a listed entity that, if things go well, will see material value generated, using it, on a listed exchange)
Personally, on balance, I think we'll probably see more value easily ascribed in the portfolio by holding shares in the larger listed entity (Regent).
Let's face it, if the 24/7 Google Gang can barely get any info out of it, it's going to be hard for 99% of investors to find, and therefore attribute, any value to Yooya as it stands. I've certainly not placed much weight in it when trying to assess the value in the portfolio for this reason.