LU7 9.09% 2.0¢ lithium universe limited

I want to thank the few that put some thought into their replies...

  1. 35 Posts.
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    I want to thank the few that put some thought into their replies here. Its important to note, its my view that they are a pseudo data company. As far as I understand (from months ago), Mogul are compiling and presenting data collected from tournaments to the client as well (providing the means/tools depending on the subscription to do this at least for the client)? My reasoning, is that at least one competitor that has been mentioned on these forums that basically do just that, utilise that data collected on their platform, compile it and present it to the client after. Why else would big brands care to use an platform to host an esports torny, unless they can utilise the data after the fact? So yes the current business model is in use, but I would imagine this would be the end goal?

    Although I ignored the user, their criticism about the pipeline in the background is not a valid one (saying that there is no pipeline at all). Especially watching this small interview: Larcey of Mogul.GG on what it's like working in an Esports Organization - YouTube. Sometimes I wonder if its worth going for 100kg fish, when you can catch 100 5kg fish... But this is general opinionated complaining.

    The following is all opinion, so to save the time of the reader if they only care about substance, stop reading here. If they enjoy gossip, continue reading:

    I believe that the days of pumping small announcements to attempt to pump the stock price is over for a decent period of time. I have seen most of my speculative positions dial down their announcements over the last number of months, unless they were materially decent.

    Finally, this venture is not over. Anyone who thinks it is obviously does not grasp the concept of bankruptcy. Regardless this is an all or nothing bet, where you loose 100% or gain multitudes. Selling out of a multi year bet (over 3 to 5 years minimum) would be idiotic, about as idiotic as anyone who would place a bet so large that they could not afford to loose 100% of the position. Not only this, a 100% loss is conservative assumption due to the very facts the data presents, that show that most ventures fail to reach their potential and go bankrupt. This loops back to the logic that I doubt you can pick the next big winner, hindsight is 20/20, its more likely you will sell out of the winner during its extreme volatility (or big disappointments). So because this is a all or nothing type of bet, you cannot criticise or cheer this venture until they go bankrupt or they succeed, both types of holders can be ignored.

    Everyone here is playing with the most speculative type of business, a start-up. You might as well say you enjoy going to the casino, they are a wild ride indeed. I been poking about, in and out since Mogul was at 0.5c last time, so being in a similar position now is irrelevant until the venture goes bankrupt. Them's the breaks.
    Last edited by Custodian1337: 15/09/21
 
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