You're right they will likely need a CR soon, despite government...

  1. 1,674 Posts.
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    You're right they will likely need a CR soon, despite government grants and other injects. However, they stated they expected an increase in revenue to mitigate a CR, so there's a chance that's happened, or some other good news, in which case this pump could be that beginning of a larger move.

    A CR is far from the end of the world too. SOI is still fairly low, and if they're making progress in terms of product development and marketing, there's plenty of upside to be had down the track post CR.

    Hard to say what I'd do if I were a non-holder now. From here the probabilities are not clear in terms of CR, further upside move, further downside move. In which case I'd wait out some more. All depends on your risk appetite. It's also not clear to me whether AO1 has a sniff of cracking a market. If that was clear, we'd be far higher than .013.

    All things considered it's definitely puntworthy in general, relative to the other games at ASX casino.
    Last edited by AdVictoriam: 19/02/21
 
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