Ann: Emerge Completes Placement to underpin ArcadeX Launch, page-26

We really need the company to provide more detailed market stats and the share it wants to conquest over the next few years.A summary of the current players would also help. Let's face it, the esports industry globally is very diversified and EM1 is not positioned to be exposed to all of it. We need the online games market segments quantified in EM1's target countries so that its roll out and marketing strategy makes sense. Otherwise, its all would be, could be and maybe.

That said, however, it does not require a lot of imagination to envisage $10's of millions of profit over the next few years and how that distills fundamentally into multiples of current SP (all IMO)

If EM1 can conquest 10% of the $1.1 billion global market (is that USD or AUD?) and retain 50% profit, then that should pan out at 63c/share:
($55 mil/800* mil x 10)

* 800 mil shares is a high end guesstimate for EM1 post this CR + outstanding options Perhaps others would like to comment.?