~~ ALL OPINIONS with assumptions & speculation, DYOR ~~
Let's paint a pessimistic picture:
- 6279 subscribers from 925,000 invites = 0.67881% uptake
- Let's assume that all things considered, only half of the 11m pre-regs are real individuals (so that's a total of only 5,500,000 invites)
- Let's assume that the uptake rate for the remaining invites is only 50% of current uptake rate (whether or not this is optimistic or pessimistic is impossible to say, IMHO; very speculative).
- With above assumptions: that's 6,279 from the fist 925,000 invites, and ~15527 from the remaining 4,575,000 invites; so total of ~~21,807 subscribers from the pre-regs.
- [what is the price of the different subscription packages? All I know is that the monthly is $8.50USD]??
- Let's assume an average discount of 20% from packages purchased, and an average discount of 20% from C1 incentives and from free memberships given away due to pre-reg incentives. That would leave us with the revenue of the subscribers * ~64%, ~~$118,630 USD per month.
- EM1 get 64.5% of net revenue (what is reduced from gross revenue to decide net revenue??), so ~~$76,516 USD per month (minus affects of "net revenue")
Let's paint an optimistic picture:
- 6279 subscribers. Let's assume half of these are from the first 125,000 invites sent prior to Nov 28th. Uptake of ~2.5116%
- Let's assume that all things considered, the pre-reg actually got 11mil individuals to be targeted
- Let's assume that the uptake of the remaining invites is only 50% of the uptake estimated above (whether or not this is optimistic or pessimistic is impossible to say, IMHO; very speculative).
- So thats (11,000,000 - 125,000) * (0.025116 * 0.5) + 6279 ~~ 142,847 total subscribers from the pre-regs.
- Assume $8.50 USD per month, * 0.8 for package discounts * 0.8 for C1 discounts * 0.645 for EM1 share ~~$501,221 USD per month.(minus affects of "net revenue")
So... Have I gone pessimistic enough? Have I gone optimistic enough? Will the truth be somewhere in-between my two markers?
Other things to be pessimistic or optimistic about:
- How long will it take TIM/C1 to invite the remaining of all the pre-regs?
- How many of the subscribers will continue their subscription?
- How many subscribers will Miggster get over the next 6-12 months that are not part of the initial pre-regs group?
Even more extended things to be pessimistic or optimistic about:
- Will Emerge Gaming make more go-to-market partnerships with other companies, in other countries, and make further profits separate to Miggster?
- How is MTN Arena doing?
- Are they going to make more and better games for their platform?
My [current] opinion:
- Seems reasonable that they will get their target of 100,000 subscriptions within 6 months of November 14th 2020.
- Forums
- ASX - By Stock
- SP8
- Ann: Response to ASX Queries
Ann: Response to ASX Queries, page-124
-
- There are more pages in this discussion • 659 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 SP8 (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.001(8.33%) |
Mkt cap ! $7.479M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $335 | 51.46K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 3066957 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1027766 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 3066957 | 0.006 |
4 | 1026833 | 0.005 |
5 | 9800000 | 0.004 |
3 | 2300000 | 0.003 |
1 | 1200000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1027766 | 2 |
0.008 | 3098926 | 8 |
0.009 | 3355072 | 5 |
0.010 | 1718635 | 6 |
0.011 | 1000000 | 1 |
Last trade - 11.06am 06/09/2024 (20 minute delay) ? |
Featured News
SP8 (ASX) Chart |