Looking at the ASX as a whole is too crude. Tech stocks, and more specifically the web3 and crypto space has evidently taken a beating. The tide is seemingly turning, but it's hard to conceive that we weren't affected by those market conditions.
We are a gaming company with several major projects underway, most of which are NFT and web3 based. To me it's fairly clear why the money would have been staying away over the latter part of 2022.
I personally don't believe ICI as a company should be judged too harshly on the communication or lack thereof yet. They completed a suite of acquisitions, and have been developing potentially game-changing products (pun intended). I will judge them harshly this year when games are expected to be released, and communication should be increasing drastically.
Starting with Kyo - where is the alpha?
ICI Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
