I own shares in a gaming company. They're making a game for consoles. The market for the games is massive. Talking literally billions in potential revenue.
Would I suggest others buy in on the hope that lots of people love the games? No. Because it's a gamble.
Buying in on the pipeline is fine, good luck to you all. But it's not without monumental risk.
The financials are average at best. This is a billion dollar company based on hopes and dreams at this stage, and should the hopes and dreams get fulfilled, it's probably still only a billion dollar company based on the actual revenue and profits. The upside is borderline non existent as profits and revenue are already built into the market cap.
I know I'm about to receive a tonne of garbage responses, I won't be replying to any of it but have at it.
Anyone that's reading this though that's thinking of investing money they wouldn't want to lose, do plenty of your own research.
- Forums
- ASX - By Stock
- Huge in the pipelines
I own shares in a gaming company. They're making a game for...
-
-
- There are more pages in this discussion • 5 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 DRO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.32 |
Change
-0.080(5.73%) |
Mkt cap ! $1.146B |
Open | High | Low | Value | Volume |
$1.39 | $1.40 | $1.32 | $12.04M | 8.963M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 134196 | $1.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 120619 | 1.315 |
8 | 91028 | 1.310 |
4 | 11944 | 1.305 |
45 | 278393 | 1.300 |
2 | 6607 | 1.295 |
Price($) | Vol. | No. |
---|---|---|
1.335 | 42 | 1 |
1.340 | 250872 | 5 |
1.345 | 72869 | 4 |
1.350 | 17545 | 2 |
1.360 | 85909 | 7 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |