AB1 0.00% 18.0¢ abarta resources limited

ab1 media, page-1531

  1. 1,721 Posts.
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    Honestly, I was already pretty happy with my holding, but I'd say I'm more bullish about the future.

    Like everyone, I'd like to see more financial metrics from the company.

    At this rate, we might have to wait for the run up to an IPO? Possibly an IPO of The Sandbox?

    This announcement is just over a year old now and plans may have changed for all we know:

    Animoca Brands raises US$4.1 million (~A$6 million) from strategic investors including M7 Asia, Mind Fund and others (3 July 2020)
    https://www.animocabrands.com/raises-from-strategic-investors
    "Capital raise will provide working capital and support a proposed initial public offering (“IPO”) the Company is seeking by spinning off the assets of Pixowl SA, TSB Gaming ("The Sandbox"), nWay Inc., and Quidd Inc. on Euronext or other public exchange."

    Added this video that explains spinoffs well for those that aren't that clear on what happens:


    Last edited by glutenfree: 23/07/21
 
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Currently unlisted public company.

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