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I agree with a number of the analyses below: VS alone being £4m, and has far higher potential - the founders must believe it’s worth much more as “should VS issue shares at a valuation lower than an agreed premium to the £58m valuation…the selling founders shall have to compensate Mr Jenkins by transferring to him further shares†– perhaps in the £100-200m range; Bosques has massive untapped potential and Leg got in very early – its stake being £100k – on the balance sheet; Amedeo could come good in the medium term, as could the smaller investments. And with the mkt cap at £2.6m, one could buy Leg and get VS at a discount to what Jenkins paid (!) with everything else for free! So why is the mkt cap at £2.6m i.e sp at .1 ish. I’m at a loss to explain this. Any ideas?
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