Post by
stocksnbonds on May 17, 2021 12:54pm
News
Merger with Global today.
sb
Comment by
Nodga2000 on May 17, 2021 1:33pm
Exciting times ahead for Helix (soon to be GlobalBlock!)
Comment by
MustangSalley on May 17, 2021 7:47pm
This is a material change so won't it be tied up for a few months before exchange gives approval ? Paying $53 million ...on less than 1 million revenue ? Bitcoin crypto about to tank? Any thoughts Nogda ?
Comment by
Nodga2000 on May 18, 2021 10:55am
I don't think it'll take that long given the potential for the merger was communicated months ago. Fair point on the valuation, I guess you have to add in crypto multiples and whilst the numbers disclosed look small, I can only imagine DD has revealed that GlobalBlocks's ARR in Mar, Apr and May this year have been substantial!