ICI 0.00% 2.0¢ icandy interactive limited

Ann: ICI Acquires Flying Sheep Studios, a European Developer, page-11

  1. 7,207 Posts.
    lightbulb Created with Sketch. 612
    True value comes when the completed projects hit the market

    Everyone forgets one thing LS only really started making games after the acquisition or probably 6 months before.

    So technically we can only value the in house games made by them after one hits the market.

    The cashburn has been recruiting and extra staffing, 600 staff is heaps and more now after the acquisition today.

    I will not lie the wait has been forever but like i said Icandy only get one shot, if the new games are poor basically the company will dead in the water for a few yrs.

    This is make or break.





 
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