I was actually going to open a trend about this as well.
I am a gamer and I love this sector but I struggle to commit to this one. Priced at 10x revenue which is a similar multiple ICI has. I guess the reason behind the IPO is again the massive growth ICI had in the past 6 months going from 2c to 20c. The reason why ICI exploded is due to a very successful release of a new game.
The thing that puzzles me is the 2018 revenue spike followed by a drop in 2019 and pickup again in 2020. The trajectory of growth is good and believe it will do well in the long run. At this point and time I think it is priced correctly in comparison to other similar companies. I think there won't be a spike in price on listing but could have some organic growth with the possibility of successful releases that will raise the share price even further.
