How much is Twitter worth? New IPO details give us a clue

Looking for $17- $20 a share

If you aren't sick of the Twitter IPO yet, we have another tidbit for you.

The company's updated SEC filing shows Twitter wants to sell its shares, 70 million in all, for $17 - $20 a pop, or about £10/AU$17.68 to £12/AU$20.81 in straight conversions. It could collect $1.4 billion (about £987m, AU$1.66b) at the top-end.

The numbers are significant because if Twitter is able to get $20/share, it would value the company at $10.9 billion (about £6.72b, AU$11.3b). It's a "modest" figure according to most, and it's less than the $15 billion (about £9.25b, AU£15.6b) value some analysts assigned. However, there's a good chance the price will rise as Twitter starts its investor "road show."

Twitter seems to be taking a conservative path to its IPO, especially after Facebook's public offering debacle. According to Reuters, the microblogging site could start trading as soon as November 7.

We're sure we'll see a tweet before the action kicks off.

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News Editor (US)

As the US News Editor, Michelle (Twitter, Google+) keeps her eye on all things tech with particular interest on phones, tablets and finding out who the people are behind the devices. Any phone that can survive a regular (accidental) drop has her vote for best handset. Michelle previously worked covering local news in the Bay Area and has been with TechRadar since July 2012.