Confusing, only good for celebs ... But Twitter now says it's worth $12bn

Chief twits suggest $17 to $20 per share for loss-making IPO-hungry social network

Twitter has told US financial watchdog the SEC that it expects to offer its shares between $17 and $20 apiece, meaning it could bag $1.61bn if the much-anticipated initial public offering is a success.…

via The Register - Networks

http://go.theregister.com/feed/www.theregister.co.uk/2013/10/24/twitter_ipo_price_latest/