Re: rPI Goes Public

Pancho <Pancho.Jones@proton.me> writes:

On 13/06/2024 17:39, Richard Kettlewell wrote:

Pancho <Pancho.Jones@proton.me> writes:

Mighty white of them, while they pocket half a billion quid.

I think you’ve confused the implied valuation of the whole business
with
the amount raised, which was £166M according to
https://edition.cnn.com/2024/06/11/tech/raspberry-pi-ipo-london-stock-exchange/index.html

>
I may have confused the implied valuation pre and post the funds
raised in the offering, but I didn't confuse the valuation with the
funds raised.
>
Are you saying the £540 market valuation includes the 166M raised from
the share offering?

Nobody has “pocketed half a billion quid”. The business has only
received £166M.

The valuation quoted in the euronews article is total number of shares
multiplied by the price they were trading at at that point (which is now
even higher).

--
https://www.greenend.org.uk/rjk/