TSXV:YDX.H - Post by User
Comment by
BigDohCADon Aug 26, 2020 10:25am
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Post# 31454988
RE:RE:RE:RE:RE:RE:RE:VR goes way beyond gaming
RE:RE:RE:RE:RE:RE:RE:VR goes way beyond gaming There are very very PMs covering small caps in canada, especially below 5m market caps. From the looks of it, it appears as if you don't understand how RTOs work....YDX has been around for a while but has not been public for 10 years. When they listed, they needed to have enough shareholders and a vehicle for a qualifying transaction so they found a shell company that met those requirements and did the listing. You cant base their historicals off that old business which was a shell that eventually rolled back the stock to do a deal. To your credit, the company has had a hard time building value/trading and has made pivots and management shake ups over the last few years. With that said, you need to see what's happening now and decide the following:
1. are you interested in esports
2. do you buy into the esports multiples
3. do you see how management will be able to create value leveraging its expertise and new acquisitions/partnerships
if so, then you keep/buy and if not, you sell.