MAST IPO IS THE ONLY WAY THAT KIBO SURVIVES29 Jan 2021 16:25
That KIBO can keep the lights on. If LC can get MAST IPO away then the read across is that KIBO will be able to fund their projects.
Without a sensible valuation for MAST, kIBO's time is over as the headroom has gone, and only real asset is the investment in KAT, and the warrants there
Must remember that part of KIBO CURRENT valutation includes MAST, so once this is spun out of Kibo, the value of Kibo falls. Just dont know what valuation MAST has in the accounts
So MAST gets valued at IPO at say Β£4m - thats all, cant see more
Would be good to hear peoples thoughts, and whether there is ANY REAL VALUE in MAST, or is it another one of LC ways to raise money !!!