Tap Global IPO – You is 'avin' a Turkish: this is a truly mad valuation even by the standards of shitcoinI today asked the advisers to Tap Global (TAP) which joined the Aquis lobster pot today via a reversal into Quetzal Capital to justify why Tap was worth £20.5 million and 4.5p and the enlarged group worth £32.2 million. There has been no answer. Why? Because even by the standards of shitcoin and crypto-shite this valuation is bonkers. It’s a car crash in the making and shames all involved.
- By Tom Winnifrith
- 2023-01-10 13:41:09