The sense that I got is that they will be launching new products in August at the industry fare and they aren’t fully aware of the importance of having popular games and R and D is very much focused on this . I think the issue is that there most popular game Pac-Man is licensed and therefore they have to pay some of their revenue away and this impacts profits . Like all things AGI will at some stage develops some popular games and revenue will take off , and at present the AUD will support existing revenue and cash flow. So for me I hold for two reasons - one is the quick 30-40% profit from a TO and two is that from a medium term perspective I can see the company recovering and the SP recovering a lot more than 30-40% . It’s a medium term hold and I truly think the upside is far greater than the downside. It makes perfect sense to me why a value manager would be buying and in many ways having someone like Alan Gray in the books will help ensure we all get a good deal from any takeover if it did eventuate. There was an iceberg buyer today so I wouldn’t be surprised to see an annoucement that they have increeaed their holdings
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Last
92.0¢ |
Change
0.040(4.55%) |
Mkt cap ! $309.8M |
Open | High | Low | Value | Volume |
88.0¢ | 92.5¢ | 88.0¢ | $16.61K | 18.43K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 91.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
92.0¢ | 3780 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14945 | 0.895 |
2 | 32487 | 0.870 |
1 | 8887 | 0.855 |
1 | 5882 | 0.850 |
1 | 1000 | 0.830 |
Price($) | Vol. | No. |
---|---|---|
0.930 | 1870 | 2 |
0.940 | 5577 | 1 |
0.950 | 2610 | 1 |
1.020 | 2499 | 1 |
1.035 | 6785 | 1 |
Last trade - 15.51pm 12/07/2024 (20 minute delay) ? |
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