ICI 5.00% 1.9¢ icandy interactive limited

Ann: Landmark Acquisition to Form New Gaming Powerhouse, page-333

  1. 1,914 Posts.
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    based on the information that has been released, my CONSERVATIVE guess is the combined entities should generate $20m to $30m revenue & between $5m to $10m profit, & the current S&P500 10-year average P/E ratio is 39.3. therefore considering ICI is a disruptive, highgrowth co this makes a fair MC around $300m using the above figures, which is equivalent to about 50¢ SP @ current SOI.

    but there is no upper limit, as Kin said in the Small Caps interview, "one plus one equals ten" in regards to combining Lemon Sky's & iCandy's skill sets.
    Kin also said in the interview "we now have everything to go from A to Z" in regards to developing, publishing, marketing etc triple-A games... so my final guess on what's a fair MC for ICI is that it could follow Animoca's lead & be another billion dollar from downunder success story


    Last edited by FingerLicking: 24/11/21
 
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