gd4nthing, you mention that you expect $500m+ list
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Posted On: 04/15/2020 2:55:40 PM
gd4nthing, you mention that you expect $500m+ listing for NGIO.
Doesn't it have to be much higher given that there are 400m outstanding shares ( 750m authorized). A $500m valuation puts the pps at $1.25. From what I understand that's not high enough to get listed o nthe NAZ is it?
I think it has to be at least $800m($2pps) but in realty probably more to give some wiggle room so as not to fall below the NAX threshold.
Do you agree?
Doesn't it have to be much higher given that there are 400m outstanding shares ( 750m authorized). A $500m valuation puts the pps at $1.25. From what I understand that's not high enough to get listed o nthe NAZ is it?
I think it has to be at least $800m($2pps) but in realty probably more to give some wiggle room so as not to fall below the NAX threshold.
Do you agree?
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