CLST Holdings Inc (CLHI)

[Renegades17]

Some thoughts


The $250mm market cap seems low (perhaps very low) given the recent developments. I believe the post-money value on the private raise was most likely already in that neighborhood. Given the US B2B database acquisition and the announcement yesterday, I believe the valuation should be in the $500mm-$1bn range given comparable multiples. That said, there's a lot we don't know and valuation is a lot more art than science at this point, but it all points to a lot more upside.

If they're going to issue stock to do part of these deals, one would assume they are going to get very active "selling" the company to the markets to get a much higher valuation (and minimize share issuance). I think there's a lot to look forward to in the month of October (finally!).