Agreed. The annoucement said "eight figure WFH agreement, 2 years of development and 1 year of post launche maintenance". So that's minimum $10m in revenue. Depending on how the revenue is recorded, it could add min $3m per year (3y horizon) or $5m per year (2y horizon) to the revenue line. Given PLY made $11m in revenue in FY21, this is massive growth. Sure the share price will be diluted after the raise but at between 27% ($3m/$11m) to 45% ($5m/$11m) revenue growth rate, I can't see the share price not going up. And that is 1 contract alone.
Ann: PlaySide Sign Landmark Agreement with 2K Games, page-6
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69.5¢ |
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Mkt cap ! $283.5M | |||
| Open | High | Low | Value | Volume |
| 69.5¢ | 71.5¢ | 69.5¢ | $95.86K | 136.1K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4603 | 69.5¢ |
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| Price($) | Vol. | No. |
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| 71.0¢ | 15000 | 1 |
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