MNQ 0.00% 0.0¢ minquest limited

Ann: MNQ to acquire ground-breaking pain management app developer-MNQ.AX, page-28

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  1. 13,066 Posts.
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    Not bad. Bit of wow factor about it and in a sector I rate highly.

    Just a quick look at the proforma: at 1.9c, trading at the equivalent of 19c, post consol, with an mc ~$17M or EV of $14M - not all that demanding. Definitely not a greedy deal, which is always pleasing to see.

    The above assumes the public offer is at 13c (1.3c, pre-consol) as per the company's suggestion of 23,076,923 being offered to the public to raise $3M.
 
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Currently unlisted public company.

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