My assumption is that investors want to see tangible metrics before they jump in. Clearly putting a high profile name on the board didn't float too many boats. Having announcements for adopting high profile teams/organisers isn't floating anyone's boat either. Perhaps investors aren't savvy with eSports in general?
What is going to make people excited are increased revenue + user adoption + team/organiser adoption. Those are the metrics that you no doubt chase.
The SP will rise when people see those numbers go up. I jumped in because I see potential in the app they have delivered and continue to deliver and I understand the eSports landscape and how this can fit into it. I'm happy it has dipped, I could top up cheaper than I originally got in at. I don't need instant gratification over the two months worth of announcements, they sowed seeds and now I'm keen to see them spout in 2020.
DYOR
If things are looking up why is the share price going down?, page-3
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