RE: WED valuation post-IPOI think a lot of people are confused with this IPO, hence the trading today. I get the feeling that they expect NUCRYST to be taken over at some point. The repayment of this "loan" (did anyone else know it existed)plus there 65% cut will repay their investment with a tidy profit. Of course this will be after they issue a bunch of options to management. We have to solace ourselves with the fact that Westaim will have more money.
Now if IFire does an IPO under the same terms, we end up as a shell company with cash. No shares in Nucryst and no shares in IFire, just cash, so now what. Does the whole process start over again then?
Can able else support this logic or am I totally out to lunch.
later
geno