ICI 9.09% 2.4¢ icandy interactive limited

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  1. 1,914 Posts.
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    cool cats looks like a small WFH project in the potential range of $150k to $300k revenue (maybe up to $500k) to develop one game (probably HTML5) for a third party; hardly worthy of an announcement.

    the IPO "talk" is just a rumour based on two anonymous sources; if concrete information was available, or anything pertinent is already in the works or signed, it'll be immediately announced to shareholders as & when required.

    until then, patience is a virtue; i'll be using this lul to keep accumulating because my research, based on all of the available information, is still showing me that the risk to reward at this SP of 4.1 & MC of $55m is highly favourable that a rerate is overdue, especially if the commentary materialises that receipts will revert to at least prior corresponding periods & cfp
    Last edited by FingerLicking: 13/07/23
 
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