record revenue and revenue received for 10 months of 2020, page-30

"Whats very odd is that buyers dont offer more than 12 Cent"

There is nothing odd about market pricing being significantly below what many of us might consider to be "fair value". Lack of liquidity and visibility, fear of the unknown (ranging from grounded fear relating to lack of audited accounts to the more extreme/absurd fears about the company being a complete sham), and poor governance oversight and investor communications, are some of the major factors that will continue to weigh down the price. Therefore, it is completely unrealistic to expect Primary Markets trades or any other form of off-market transactions to trade at fair value.

Anybody wishing to sell via Primary Markets/private transfer must be prepared to accept this "fear discount". The 30c to 80c price range are pure speculations based on a scenario of the company being relisted. In this scenario, the red flags and fears mentioned above would have presumably been addressed and, therefore, the fear discount would no longer apply. Indeed, given current broader market sentiment and industry tailwinds, combined with Animoca's impressive growth trajectory (assuming results verified through audited accounts), it is well within the realms of probability that Animoca could trade considerably higher than 18c IF listed on a reputable exchange.

In view of the current fear discount, my sentiment is BUY.