SP8 16.7% 0.7¢ streamplay studio limited

I read the article and it does seem that it affected the SP...

  1. 94 Posts.
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    I read the article and it does seem that it affected the SP significantly. However, the article is based on assumption that poor people are being targeted while the announcement today clarified that only 10% of the subscriptions came from Africa. The biggest chunk is from China. Also, the money laundering allegation might be putting them at a risk of lawsuit.
    Anyways, I got some profit too and bought back at the dip as I believe that the latest announcement clarifies many points and the quarterly will also be positive. Moreover, we should have some revenue from MTN and the previous and coming quarters plus Miggster Premium/Plus is also supposed to be coming out in Feb/March so there is a lot of promise left.
    Lastly, the SP was impacted in similar ways before as well when TMH released articles over EM1 but after a few days people realize that it does not have proof and most of the contents of the articles are based on assumptions and opinions.
 
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