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18.0¢ abarta resources limited

How do you think Yat would look in a pinstripe suit and tie? ))

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Grinder57

719 Posts.

166

30/08/21

06:20

Post #: 55666521
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Originally posted by hercules007: ↑

Totally agree.
Animoca was a small company with limited resources, both human and financial. And the company at the time was breathlessly trying to get as much done as possible expanding footprint in the NFT space.
To satisfy the reporting demands from the ASX the company probably would have to greatly slow down if not outright halt what they were doing grabbing as much as possible in the hugely exciting new front. And there was no guarantee that the ASX would be satisfied given lack of standard for accounting for digital and NFT assets.
Given what we now know, it's not a very hard decision which way the company should go. And the fact that Animoca became a unicorn early this year was testament to the wise decision Yat had made at the time.
Now the big shots instos are in after a period of great company making growth spurt, it's time to tidy up some loose ends, put on some nice suits, and get ready for the big stage.

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How do you think Yat would look in a pinstripe suit and tie? ))

AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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