Post by
hellz on Jun 16, 2021 1:21pm
Expectations Here?
With the listing debut on NAS Thursday what are some of your expectations here?
This is looking to debut on NAS at roughly $180M Market Cap with likely a good amount of press from CNBC on day 1.
With the low share count, the volume will be interesting. The most this ticker has ever moved in a day is 450k.
Guessing that the GAME ticker will outpace on volume the TSX issue going forward.
Maybe it gets meme'd up LOL...Only the Aye missing from GME for you canuks! Good Luck,..let the GAME begin..
Comment by
bigops on Jun 16, 2021 4:43pm
Based on current revenue run rate of $40mUSD and a conservative exit rate of $45m at end of the year - GAME should trade 10x multiple of revenue (that is low end of the spectrum for similar companies on Nas) -- I would expect a stock in the low to mid 20s within the next month or two.