AB1 0.00% 18.0¢ abarta resources limited

Animoca is still in it's infancy - it's got a long way to go...

  1. BHD
    3 Posts.
    Animoca is still in it's infancy - it's got a long way to go yet. It will gobble cash in the short-term looking for the best areas to grow its business. There's no guarantee it will end up being the NFT powerhouse - there's plenty of clever people out there capable of doing what Animoca is doing. I can guarantee there will be times in this crazy ride when we'll be disappointed for some reason or other. Government regulation? A smarter competitor? Don't get me wrong, I hope it becomes the NFT powerhouse, and the shares go through the roof.........
    I can't see it paying dividends for years though - every cent of earnings will go back into growing the business - and rightly so I think.
 
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Currently unlisted public company.

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