Just reading over the risks and sensitivities from the Raas Asvisory...
Value transfer risk – Animoca Brands has announced it is exploring a potential IPO of the assets of Pixowl, TSB Gaming, nWay, and Quidd on Euronext or another exchange. Given these businesses were acquired by the company for their strategic assets (The Sandbox, Power Rangers, and the leading global marketplace for digital collectibles) there is a risk that an IPO may not generate the valuation uplift being sought.
Im still not sure how doing this benifits AB1 shareholders. Anyone know why they would make a move like this?
AB1 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
