TSXV:ESE - Post Discussion
Post by
partystocker on Oct 27, 2021 8:53am
My thoughts on $ESE and E-Sports market
$ESE's acquisition target Frenzy was announced to produce Polish content for the CSGO World Championships this year. This is exciting news, as I think the E-Sports industry is going to gain escalated hype in the coming months/year.
My thinking on this contains a few key points.
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1: the industry has been growing as an international market for some time now.
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2: the pandemic escalated interest in almost everything to do with streaming and viewership of video-game related content.
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3 (biggest one): the recent announcement of FAZE becoming a publicly traded entity is going to get a lot of news coverage and get tons of eyes on the E-Sports/competitive gaming industry.
$ESE.V shares have decreased in volatility and prices have been consolidating for a couple of weeks. Prices are sitting strongly at historical support of ~$1.18 currently.
ESE Entertainment $ESE is currently trading at $1.16 and valued at a MCAP of $70.49.
https://ceo.ca/@nasdaq/ese-acquisition-target-frenzy-to-produce-broadcasts
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