New to this stock and just acquired a few over the past week after researching for a couple of weeks
Always hard to hear and I completely understand long termers pain of holding while the share price is subdued, but it does seem like there is significant upside here if things go to plan
The on market buy back I feel shows confidence from management
$10m Animoca increase of their substantial holding seems a real positive too
And the many strategic alliances formed I feel creates the same feeling I got back in 2016 when I bought Animoca shares
But the main aspect in my research which got me on board was the Lemon Sky Studios acquisition
Everything about it for me makes this investment seem way more derisked, and makes the $120m MC feel like it is at a discount price at this point in time
Not many tech companies around with $15m + revenue and cash flow positive with massive upside for that kind of market cap
Should help with all the cash from both companies to help build faster expansion into the Metaverse
2022 is going to be a year where the Metaverse is at the forefront of investors minds thanks to Facebook, Microsoft etc
And ICI seems to be in a great position to capitalise on a higher valuation thanks to a great acquisition and being in the right space at the right time doing all the right things with all the right strategic partners
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
New to this stock and just acquired a few over the past week...
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ICI (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.7¢ |
Change
0.005(22.7%) |
Mkt cap ! $29.58M |
Open | High | Low | Value | Volume |
2.2¢ | 2.7¢ | 2.1¢ | $44.37K | 1.926M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 541267 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 145931 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 541267 | 0.024 |
3 | 440651 | 0.023 |
1 | 245354 | 0.022 |
1 | 473647 | 0.021 |
3 | 290959 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 145931 | 3 |
0.028 | 85628 | 2 |
0.029 | 146540 | 2 |
0.030 | 328800 | 2 |
0.034 | 61209 | 1 |
Last trade - 12.10pm 11/07/2024 (20 minute delay) ? |
Featured News
ICI (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online