salmon partners price target for int $1.30https://www.salmanpartners.com/lib/files/Research/2012/February/int0212inkehyf.pdf
"to determine a present value for Ortsbo of approximately $398.0 million or $1.24 per Intertainment share."
"we estimate that Ortsbo alone is worth approximately $10.00 per user"
"We believe Intertainment is in a strong financial position."
Company Users Value per user *
Intertainment 44,800,000 $5.26
Pandora 100,000,000 $20.78
Zynga 275,000,000 $32.88
Twitter** 200,000,000 $40.00
Foursquare** 15,000,000 $40.00
LinkedIn 100,000,000 $90.77
Groupon 142,000,000 $90.99
Facebook** 850,000,000 $108.82
Table 13. Sum-of the-Parts-Valuation: Intertainment
Division Value ($M)
Ortsbo $ 398.0
itiBiti $ 2 1.0
Adtaffy $ 3 .8
dealfrenzy $ 2 .3
Magnum $ 2 .5
Total 427.5
Cash $ 4 1.8
Long-term debt $ 2 .7
Sum-of-the-Parts Value $ 466.6
Shares outstanding-fd (M) 354.5
Sum-of-the-Parts Value per share $ 1.32