Extremely Interesting News24 Dec 2018 22:20
Well the news is a very pleasant surprise and hopefully will mean the wait has been worthwhile.
A huge well done to all the team involved in making this deal.
Obviously the value attributed to this stake will include a lot of potential - the game is still in development and there are 2 additional fund raises planned, which Whetstone have options in. However the potential is massive and it could value Whet at such a market cap that it would justify a move to a main market listing, where both liquidity and funding should be easier.
They will likely be much interest in the gaming sector and it would be interesting to see if other gaming companies and/or players will be keen to take a holding in Whet following this news today.
No doubt there will be even bigger expectations and interest in the gaming world now. It is not something I know anything about so I don’t know if the name of the game or details about it have been made public before today.
All in all a very pleasant surprise tonight and it’s great to read a positive and justifiably optimistic board again!