VTN - Veratin Limited (VTN.NSX) Independent Valuation Report
In summary, the Independent Valuation Report states:
1. The Discounted Cash Flow analysis estimates a current valuation of Veratin Limited between $7.3 million and $24.0 million, with a preferred valuation of $14.6 million.
2. An analysis of publicly listed start-up companies operating in similar fields, although limited in number, suggest a valuation of up to $100 million may be achievable once sustainable income is achieved.
Interested parties should read the Independent Valuation Report in its entirety prior to making an investment.
*To view the Valuation Report, please visit:
https://abnnewswire.net/lnk/JD0J9794
About Veratin Limited:
Veratin Limited (NSX:VTN) is involved in the research and development of products derived from waste wool, including the development and sales of its initial product, Verigrow(R), a wool-based liquid fertiliser for domestic and commercial use. The Company is also involved in the development of additional products and opportunities derived from its registered intellectual property.
Source:
Veratin Limited
Contact:
Dr Ramiz Boulos
Executive Chairman
Ramiz.boulos@veratin.com.au