when you look NYSE or Dow Jones. All companies are priced as x30 years of profit or 7-10x of annual income.
so it seen logical general investment perspective. but yes a bit low comparing to crypto-asset invesments roi.
This is nonsense, first you're mentioning an exchange and an index like they're equivalent. What you're referring to is called the P/E ratio and it's surely not around 30 for all companies on major exchanges. It's a metric that is highly dependent on the industry sector and can tremendously vary.
For exemple:
- Goldman Sachs (GS on NYSE) has a P/E ratio around 20
- Tesla has a negative P/E since it is actually losing money, and is yet valued at 30 billion.
That being said, the valuation they're implying with this offer seems indeed a bit high considering their situation and I would love to see their latest financial report. It will be interesting to see how much they will raise given that they're at 33% currently and have only a month left.