theres no doubt about it gaming is a massive industry. I trully thought the route we were going with michael and teaming up with brands to deliver branded experiences was the best bet this company had. Now that thats done, its hard for me to see a viable business just from buying out other gaming companies. Theres not a whole lot of companies on offer for the sort of cash we have, maybe a semi successful indie game made by a very small team. Going to be very hard to scale it into a successful strategy from here on out
Esports is essentially just competitive versions of regular games. Most of the popular online games have casual and competitive playlists. Theres really no need to directly target kids as they all game anyway and are going to naturally get into the industry, which makes it so potentially lucrative when the right company comes along.
Im in my 20s and have gamed my whole life and have a good idea of the industry and i just cant see buy and build working. its all well and good to buy something, but how the hell can we build on it with no talent on the payroll. The company is so diluted and already in such a precarious position it just screams of scam at this point and directors taking a cheeky pay day manipulating the poor regulation of the ASX to essentially harvest money from investors and line their pockets.
- Forums
- ASX - By Stock
- Ann: CEO Appointment and Executive Update
theres no doubt about it gaming is a massive industry. I trully...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LU7 (ASX) to my watchlist
|
|||||
Last
1.7¢ |
Change
0.002(13.3%) |
Mkt cap ! $10.09M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $24.19K | 1.455M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1234056 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 1009070 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1234056 | 0.016 |
5 | 1751348 | 0.015 |
7 | 1900462 | 0.014 |
8 | 1523922 | 0.013 |
5 | 940833 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 609070 | 3 |
0.018 | 412666 | 3 |
0.019 | 2201904 | 2 |
0.020 | 1232273 | 4 |
0.021 | 550000 | 1 |
Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
Featured News
LU7 (ASX) Chart |