The licensing fees are most probably for things like mathematics modeling and certain patents on how a game plays. E.g. Company A may have a patent on how many WILDS can appear on any given reel, and Company B wants to utilise that patent in their games. Therefore the cross licencing. It happens quite a lot in the industry. As you mentioned earlier, it's to stop the frivolous law suits.
The licensing fees are most probably for things like mathematics...
Add AGI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
75.0¢ |
Change
0.005(0.67%) |
Mkt cap ! $252.5M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 75.0¢ | 74.0¢ | $8.3K | 11.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 2161 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| AGI (ASX) Chart |
