User, 20 Oct 2026: add a page about possible share prices, do some
calculation on normal market data.
- docs/finance/share-price.md (new): market data with sources and
dates (Damodaran January 2026 EV/EBITDA, P/E and betas for emerging
markets and global; Thailand ERP 6.18 % (July 2026); ThaiBMA 10-year
2.30 % (19 Oct 2026); illiquidity discount 20 to 35 %; venture target
returns by stage; SET peers SCGP, TPAC, SITHAI, GRAMMY; Thai Civil and
Commercial Code on par value and premiums).
- Results, all estimates: A founding round at par, pari passu: 542,500
shares of 100 THB at Plan B's 54.25M equity floor, the 40 % ~21.7M
THB; B a premium only for documented pre-round costs (102 to 137 THB);
C value per share once running at ~163M THB debt: adverse ~0, central
126 to 1,016 THB, favourable 508 to 2,512 THB; D a financial investor
today 18 to 236 THB (central); E calculator cross-check. Recommendation:
par for the founding round; pre-emption and information rights for the
40 %.
- Deck: new slide 13 "Share price: what the 40 % could cost" in both
themes, with notes; the ask slide points to it; 17 slides, both PDFs
rebuilt; site slide notes trimmed.
- README bullet, layout line and Project Status link; total-investment
shareholding paragraph links the page.
