LU7 0.00% 1.5¢ lithium universe limited

With $5M in the bank, that is small ammo to buy promising game...

  1. 8 Posts.
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    With $5M in the bank, that is small ammo to buy promising game developers. It appears ESH has failed to commercialize esports and the change in strategy has left them with a market cap of $13M, supported by $5M in the bank. I get the buy and build concept but with little funds to buy, and such a low share price that a capital raise will lead to significant dilution, and a track record of failure with esports commercialization, the odds appear low of a good outcome here. I’m sorry if this offends anyone, I stand to be corrected if I am missing something.
 
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