RE: W2T Valuation28 Dec 2019 00:41
so based on your figures, the "Value" of the enlarged group would be around £12.5M, or less than 10% of the order pipeline.
It still seems reasonable, and W2T's losses will contribute towards the Tech grant funding and help offset profits in the future.
It really is not dilution, because though W2T are loss making, they have assets, expertise, experience and value, engineers and academics are not always the best business people which W2T also bring to the table.
I like this move a lot.