I wonder why this raise was not for $88,888,888 again? To me it seems we are quite desperate for funds - maybe a big money ticket acquisition soon?
What surpises me, was there was no mention of another trance of funding being around the corner. There were plenty of opportunities to mention this in the countless interviews Yat has done after the 'unicorn' raise.
It's not like this was done at a higher valuation either. Seems like a big missed opportunity to increase the 'share price'. Something that Dapper Labs were able to successfully do - as many posters have pointed out.
The company's regard for retail investors is ridicoulously poor. They don't have the time of day for us. Just release the much delayed audits, and give us a clear roadmap to a listing - all these 'sophisticated investors' seem to have all this info. I can't see why they would trust a little known delisted company with $140 million way above it's delisted price without having this access.
If I wasn't making money from this company, I would be up in arms about all of this. Instead I just rant about the obvious contempt Animoca has for the mums and dads that trusted them while they were on the ASX.
Add to My Watchlist
What is My Watchlist?