We don't have financials. That's fact. If Animoca are going to relist, they need their financials in order and humming along to comply. This is no doubt something they're working on now.
You only have to look at what they've invested in to start adding the billions up on your calculator. At $3.85 AUD per share on PM, yeah, they're WAY undervalued. SAND is steadily rising every day in the lead up to the alpha version of the game on November 29, 2021.
The next raise, rumoured to be $100 million dollars, should be announced soon. Who's in on this one? We don't know yet. What price was the raise at? Not known yet either. They have no trouble raising funds. Everyone wants in!
Rough guess, Animoca Brands has to be nearing $10 billion - minimum! Share price should be at least $10 AUD per share.