@ IPO Mighty Kingdom's MC was $45 million:
taking out a 7.78% stake for $1.59 million is >50% discount:
on surface this appears like a bargain.
lots is going on at MKL to grow & increase revenue; maybe they'll even grow faster than ICI;
taking this stake at their ATL is good diversification imo, & the doors it opens should not be underestimated for example MKL is currently looking towards: "outsourcing of quality assurance and usability testing, and language localisation, culturalisation and interpretation functions" -- ICI could help them with all of that immediately. mutually beneficial
Ann: ICI Acquires Significant Shareholding in ASX-listed Game Dev, page-39
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $28.24M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $32.46K | 1.677M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 258254 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 3163 | 1 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
1.9¢ |
Change
-0.001 ( 9.52 %) |
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| Open | High | Low | Volume | ||
| 2.0¢ | 2.0¢ | 1.9¢ | 497537 | ||
| Last updated 10.54am 10/05/2024 ? | |||||
| ICI (ASX) Chart |