ICI 4.76% 2.0¢ icandy interactive limited

Ann: ICI Acquires Significant Shareholding in ASX-listed Game Dev, page-40

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    why risk establishing another studio from scratch, when:

    one exists that is established with proper governance in place, it has multiple AAA clients (Disney, Lego...) already, is working on establishing & producing their own IP portfolio, has +140 staff etc; & that appears to be at a massive discount!

    investing $1.59 million into established MKL for sub-holding status is 100% lower risk imo; ICI can now help them grow faster
 
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