Some people don't read or understand announcements these days and just letting emotions spout out a misguided opinion.
This is Animoca's biggest acquisition to date. What's fascinating to me is that the owners of the biz are only getting US$250k cash consideration upfront, the rest is all in earn-outs and shares. This is a AAA developer based in San Francisco - and they're taking almost all their comp in AB1 shares. The amount of faith and alignment everyone in Animoca shows is outstanding for us shareholders.
In 2020, my belief is that Animoca will reach new heights with its share price. First stop, 50 cents.
AB1 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held