PLY 1.15% 86.0¢ playside studios limited

Who doesnt want a low entry price? They have another 9-12 months...

  1. 235 Posts.
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    Who doesnt want a low entry price? They have another 9-12 months of cash, management who care about shareholders would announce those positive deals to the market first and raise capital after the 30 day average price is significantly higher. Next 4C should be a cracker, so after that would be great. I still like the business and hold the shares (one of my top 5 holdings) but this behaviour tells me either the management just care about the business they lead being bigger at any cost, they think the next 4C will be underwhelming compared to what the market is expecting or they think there is a huge opportunity for them to invest heavily in the near term and become a significantly bigger business (thinking 10x sort of returns). Let's hope it's the latter!
 
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