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0.7¢ streamplay studio limited

"I'm using cost to replicate the platform as my valuation...

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misterg

1,291 Posts.

392

03/12/21

12:22

Post #: 58050282
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Originally posted by pomhat: ↑

just my quick thoughts on the "sale"

at the moment, EM1 license the platform for its use in Miggster, and for that they receive 39c(?) per user that signs up - for as long as the arrangement is in place (eg if Crowd1/ICT stop paying, then EM1 will pull the platform out from under the "product"

I think by sale EM1 means they will be giving up the 39c(?) per user, and instead receive an upfront amount for an indefinite license to use the platform. Whether that amount is received from Crowd1/ICT or a different third party (who will then negotiate their own license with Crowd1/ICT) - who knows

EM1 would then be free to continue packaging up the white label platform for other uses (if MTN Arena is anything to go by, this isn't a very exciting prospect..)

people are free to speculate on what kind of $ amount might be generated from the 'sale' - I'll be surprised if its 7 figures, I'm using cost to replicate the platform as my valuation basis

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"I'm using cost to replicate the platform as my valuation basis"

I'm fairly certain that some kid in India on fiver.com can whip together a crappy leaderboard with crappy games to match Miggster for well under seven figures.

EM1 Price at posting: 2.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.7¢		Change 0.001(16.7%)		Mkt cap ! $8.054M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$1.917K	273.9K

Buyers (Bids)

No.	Vol.	Price($)
5	12666441	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	1766072	2

View Market Depth

No.	Vol.	Price($)
5	12666441	0.006
5	1680000	0.005
4	6900000	0.004
3	2400000	0.003
1	1200000	0.002

Price($)	Vol.	No.
0.007	1766072	2
0.008	14284422	8
0.009	3628505	6
0.010	2857190	7
0.011	3175500	3

Last trade - 15.45pm 03/05/2024 (20 minute delay)


Last 0.7¢			Change 0.001 ( 0.00 %)
Open	High		Low	Volume
0.7¢	0.7¢		0.7¢	192720
Last updated 15.04pm 03/05/2024 ?

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