Pre-money valuation UP Quote from NR:
''Given further review of the potential value and costs associated with the proposed spin out, management has revised its presentation, under the same terms and conditions, to increase the distribution to shareholders to up to 30%.''
If they taken in account the given ''potential value'' to increase the distribution, count that value has gone UP substantially. Substantially IMO would mean at least 30% so 275M$ for that reason I suspect that pre-money valuation we will be well over that!
Good luck longs and folks!