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1.06%

47.5¢ playside studios limited

Ann: PlaySide Announces Capital Raise to Accelerate Growth, page-33

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wichway

1,051 Posts.

90

19/11/21

22:22

Post #: 57715528
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Originally posted by austinngo117: ↑

Yeah i've been all over ICI and MKL as well. In a nutshell, ICI owns like 8% of MKL. MKL shares rallied yesterday because ICI entered into trading halt pending a cap raise and an acquisition. People speculated it could be MKL. Even if it isn't, MKL share price will follow ICI share price anyway so if the acquistion is good, ICI share price will rally and MKL's will follow suit.

ICI is basically merging with Lemon for a bit of cash (38%) and the remaining 62% in script.

So ICI made $3.6m in rev last year and $100k in net profit. Very tiny revenue for a $58m mkt cap company I might add. MKL makes the same amount of rev and its mkt cap is $18m.
Lemon made $14m in rev last year and $3.9m in net profit.
So combining the two, we'll get $18m in rev and $4m in net profit.

CanAccord forecasts Playside makes $18m in revenue this year and $35m in revenue in FY23. Also, those numbers were done before the 8-figure deal was annouced to the market. And PLY is heading into blockchain gaming as well.

So, I wouldn't count PLY out.

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How much profit ?

PLY Price at posting: $1.03 Sentiment: None Disclosure: Not Held
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(20min delay)
Last 47.5¢		Change 0.005(1.06%)		Mkt cap ! $194.3M

Open	High	Low	Value	Volume
47.5¢	47.5¢	46.0¢	$190.1K	405.9K

Buyers (Bids)

No.	Vol.	Price($)
13	128009	46.0¢

Sellers (Offers)

Price($)	Vol.	No.
47.5¢	28977	2

View Market Depth

No.	Vol.	Price($)
13	128009	0.460
4	47598	0.455
13	163530	0.450
2	8700	0.445
1	1150	0.440

Price($)	Vol.	No.
0.475	28977	2
0.480	103500	2
0.485	65000	2
0.490	13850	3
0.495	34000	3

Last trade - 16.10pm 14/11/2024 (20 minute delay)

PLY (ASX) Chart