Replies to post #11354 on Naked Brand Group, Inc. (NAKD)

[beenhadbefore]

No I understand what they have to do to bring to market and right now it's has a $23 billion market cap ($5 x O/S). I find that absolutely stupid.

1,408,291,834 30%
3,286,014,279 70%
4,694,306,113 100%

So, if the deal has to trade for $5 for five day to complete the deal that's a $23 billion dollar market cap.

This has to be reverse split and to much shake out going to happen. I like investment and this is a who's holding the bag play right now. and if you look at Rivian they did their deal at 5.6 time cash (153,000,000 x $78) for 18% of the deal and NAKD $300 mil raise was done 10 time cash for 30% of the deal.

no math works

The next round of CenntroAuto's money will slaughter the present holders of NAKD that's really the problem with me. This deal will have to raise serious money to be in play.