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For subscribers only but that looks like it warrants an RNS,shall soon see. Nice of Phillip Schofield to be throwing his 2 bob's worth behind Dynasty..wonder will Holly Willoughbooby chuck in her 2 bo obs' worth ?
Hi Dave
Have just been thinking about Tony's phrase "later this year" ,re Dynasty.
If he is saying this on 31st Oct.'22, he may mean later this tax/trading year..as in up to April '23. If he was thinking of more Dynasty news before Dec.'22,would he not be more inclined to say "by the end if this year" or even "before Xmas" ?
Splitting hairs i know, but it is possible that the "further announcements" he was alluding to are actually only a few weeks late at this stage, as opposed to 4 months....maybe ?.who knows. Think when news does eventually come tho that it will be well worth waiting for. GL.
Dynasty Update RNS Oct.31st :
Indonesia is Southeast Asia's leading gaming market, with over 200 million gamers generating nearly US$2 billion in annual gaming revenues. The first P2E title, which has been localised for the Indonesian gaming market, is due to launch within three months and additional titles are planned to be released throughout 2023.
Dynasty expects similar agreements to be signed and announced during the next two quarters, with several other markets launching Pioneer's P2E tittles within 2023, under Dynasty and Pioneer's recently signed publishing agreement.
Tony Fabrizi, CEO of Blue Star Capital said that: "This significant new contract, with one of Southeast Asia's largest telcos, is further testimony to the continued progress of Dynasty as it expands its gaming ecosystem to deliver Web3 Play to Earn games. We anticipate further announcements later this year
Must be very close to more Dynasty news at this stage.
You're right @Slugmum time to load up imo
Exactly @Gazzleberry.
In the next 12 months they will be considering the best time to exit these particular investments..could be next year ,could be 3 years time who knows.Surely their decision will be based upon how the 2 core investments perform in the interim. Yes,a valuation would be great. However,would we prefer a valuation tomorrow of, say, £50m for Dynasty..or wait 6-9 months and maybe have it valued at £150m ?
Happy to wait as it's a safe hold imo..hard to find nowadays.
Hi @slugmum
My laurels are resting on alot more than Tony's positivity.I think yours are as well,otherwise why would you still be here 5 years later ?
None of us can influence or accelerate the timescale here for valuations of blu's holdings,we just have to wait. Nothing else to be said really until we hear news..sorry.
The Company is exploring funding options including trade finance as a stronger balance sheet would enable the Company to accelerate delivery of some existing contracts and increase confidence in seeking new business.
Further to commentary in the Company's 17 April 2023 notification, at present the working capital position of DeepVerge is such that the sum total of its trade receivables (net of impairments) and cash balances together exceed the sum total of its trade creditors and other payable balances (with the amounts owing to Microsaic set out above included in this).
Thks guys.
GB certainly has alot to answer for,which,of course he won't at this stage.New leadership now tho with GB gone.
Newuncle..how could anyone be selling in profit at these levels ?
Placing @ 2p
BOD in for £0.5m
2022 revenue £17.2m and rising year on year
MCap £11m
Have scoured the RNSs for bad news but things seemed to be looking up here..incl. £2m cost savings.
Anyone shed some light on the SP drop to less than 1.5p ?