absolutely, and couldn't agree more. I wanted to day trade this one, but after looking at the numbers and doing some digging, I am wanting to hold for at least 6-12 months. As @SuperGran pointed out, the release (and time leading up to the release) of AAA games with Miggster premium next year will induce a significant rerate IMO. I think that just based on miggster mobile, there is massive upside to this stock, but factoring in the premium product next year just puts many of the predictions here (market cap/share price) very conservative IMO which is why I just bought another small parcel. While I think it is good to be conservative and invest wisely, I think we also need to recognise the massive upside potential here. Like all stocks we will see some slight retracement between announcements, as people rightly take what profits they are happy with, but I think the real gains are, as you said, over the next 6-12 months.
The entire esports industry is booming, with Vanguard just issuing a new esports ETF on the ASX. This is an excellent time to be releasing these products IMO, where we are on the border of where large investment firms are changing their mind about esports and recognising it as a serious industry.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.903M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 3584574 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1068498 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 3584574 | 0.006 |
5 | 1326833 | 0.005 |
4 | 8800000 | 0.004 |
3 | 2300000 | 0.003 |
1 | 1200000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1068498 | 3 |
0.008 | 3348926 | 9 |
0.009 | 3213658 | 4 |
0.010 | 1718635 | 6 |
0.011 | 3175500 | 3 |
Last trade - 10.09am 03/09/2024 (20 minute delay) ? |
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