RE:VERY CONFUSING.. look at the EGLX gaming stock on the tsx - chart is similar- serious decline in the peer pricing but Game seems oversold based on a few metrics driven off eglx . Though comparables in this sector are hard to play off and extrapolate.
IP litigation is definitely receiving little value in the market .
12diabolical wrote: GAME WAS TRADING @ APPROX. $6 CAD....EARLY OCT 2021.
THEY THOUGHT IT WAS TOO LOW....
"Eden Games is one of the world's premier game studios in the burgeoning motorsports gaming vertical and has the respect and admiration of publishers and players alike," noted Lou Schwartz, Engine's CEO. "However, we believe that the value of Eden's deep domain experience and success in motorsports gaming is not being adequately reflected in our share price. Accordingly, we believe that exploring strategic alternatives for Eden has the potential to surface new opportunities for the Eden team, the Company and our shareholders."