Well if we look at who has 20% share then it's just Catcha group that hold over 20% share alone otherwise it would have to be multiple sellers. Based on your price, Catcha group would get $20m for the proceeds of sale of 20% in the business. Personally, I do not think it is a lot of money given the vision of Patrick grove for this to be the top SEA Ecommerce company. Furthermore, they lose control of the company by selling such a large chunk of share. Just a thought that the sale price would have to be much higher than that for any financial benefits really..
E88 Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
