RE: RTO - Smarttech247 £33.5m valuation16 Aug 2021 11:12
Hi jh,
Rgo owns 26.3m Piri shares - around 17.07% and 10m plus 4p warrants...
Current valuation for the shares at 8.2p bid is £2.156,600
Warrants have £420k of value (8.2p less 4p exercise)
So Piri offers over £2.5m of valuation to Rgo and thus around 23.5% of the overall value of Rgo.
I expect Piri to get through 10p (again) in the coming weeks...