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Post by vita19 on Dec 24, 2016 16:24:16 GMT
The effective value without institutional investor is £20m. For external investors AC would suggest a value of £25m.
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Post by vita19 on Dec 21, 2016 11:35:25 GMT
Offering a 10% discount is not paying 10% interest on a loan.
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Post by vita19 on Dec 21, 2016 10:17:51 GMT
For the life of me I do not understand why there is any expectation of the company convert prior to the 2 year time window elapsing. Having an interest free loan to scale up your business to the max there is no incentive to not use the maximum amount of time.
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