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NoWammiesSTOP!

04/06/23 5:17 AM

#80015 RE: nit2win #80014

The price per share would be affected. If their numbers are true, with the current share structure ViaOne would barely make it to nasdaq, even with a 20x P/E ratio. (I'm making some assumptions in my math on their numbers since I don't know for sure what they actually have)

If they convert their series b into common shares it would dilute the OS and lower the price per share to a level that doesn't qualify for NASDAQ listing, even with a 20x PE ratio. And 20 is about average for their industry / generous for a new public company.

So we will see, if they even do the RM (would make the most sense and help us and them the most) and whether they keep the current share structure intact.

If they convert those series B we may still be higher than current price, but not NASDAQ higher, we would just be a more well capitalized pinky.