Key point is this... $42M market cap, $19M in cash and growing fast, a proven product that is able to be monetised, white labelled and rolled out easily which has global ability... I have very little idea about AAA Gaming to be honest... I am not going to waste time pretending to research, it is outside my skill set. The CEO recently announced in webinar and last quarterly they are progressing.... They aren't developing games it is just sitting on another layer? So the hundreds of millions in development cost is not relevant?
I just look at the company value and potential at a high enough level to invest. With MTN Arena being successful I see tacking this on to other MNO monthly bills being a matter of when... and the upside to follow... 5G is one of the big topics investing in 2021 so with a hot topic and monetisation comes a huge uptick in money flow index to this sector which EM1 will have 5G + Gaming...
GLTA should be a fun ride.
Key point is this... $42M market cap, $19M in cash and growing...
Add SP8 (ASX) to my watchlist
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Mkt cap ! $6.904M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $0 | 22 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 10999775 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.7¢ | 540000 | 2 |
View Market Depth
| Last trade - 13.37pm 02/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.7¢ | 150000 | ||
| Last updated 11.47am 02/05/2024 ? | |||||
| SP8 (ASX) Chart |