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Thursday, November 11, 2021 1:26:22 PM
He's already looking for the next deal I'm sure of it. But, is the EV deal worth a few billion right now, probably. Right now NAKD owns 30% of it. So, we now have 1.4B shares outstanding and the value is this: Our new cash $300m + 30% of the EV and what ever new deal he finds in future. The money is the bank is the bait to suck in a New-Co, then he'll do another raise.
This is how I'm reading his actions.
PS: the EV will most likely be spun-out as an IPO.
All my opinion only guessing.
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