Ann: Landmark Acquisition to Form New Gaming Powerhouse, page-444

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ASA12627

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28/11/21

11:50

Post #: 57913130
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Originally posted by JimmyD75: ↑

The metaverse wasn't really a thing when Animoca was suspended from trading in Sep 2019 and then got delisted in March 2020. Whereas now, it is. But even if ICI does get delisted, it could follow the same path as Animoca, which is to hook up with a private share trading platform like Primary Markets, where buyers and sellers can put their orders in and transact. Only problem is, the costs are high (about 6% I believe, of the value of your shares to sell). Also, there is not as much liquidity as there is with being listed on a stock exchange.

In the first few months after delisting, we shareholders were in the dark about Animoca's share price. I remember in about September 2020, when they announced that they had record revenue for the first four months of the year, I was thinking, great it should be worth more than the 18c it was when it got delisted. But on Primary Markets people were selling for under 10c a share! It wasn't till May this year that the company raised funds at $1.10, valuing it at well over $1B and then raised more funds at $2 in late Oct valuing it at $2.2B. The shareholders that held sure aren't complaining now! (The ones who sold it would be!)

For ICI it should be a priority to get the synergies going and work towards increasing revenue, that's what will move the share price higher. Whether it keeps trading on the ASX or not, increasing its revenue will increase its share price. And that will keep us shareholders happy.

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thanks for the information. do you know since when Animoca officially started their NFT business?

ICI Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $28.16M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$11.91K	541.7K

Buyers (Bids)

No.	Vol.	Price($)
11	1148190	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	93440	1

View Market Depth

No.	Vol.	Price($)
11	1148190	0.021
10	2012400	0.020
2	180000	0.019
6	706970	0.017
2	575000	0.016

Price($)	Vol.	No.
0.022	93440	1
0.023	160013	1
0.024	14634	1
0.026	43423	2
0.027	392037	3

Last trade - 16.10pm 28/10/2024 (20 minute delay)

ICI (ASX) Chart

Ann: Landmark Acquisition to Form New Gaming Powerhouse, page-444

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Ann: Landmark Acquisition to Form New Gaming Powerhouse, page-444

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