ICI 19.1% 2.5¢ icandy interactive limited

I think it is repeating what it did last year, it went from 4c...

  1. 161 Posts.
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    I think it is repeating what it did last year, it went from 4c to 15c .


    There must be something big going on this time round. I know the stock well, it won't go up with no catalyst. 


    Icandy ICI has 350million users worldwide - There is less than 10 companies in the world that can claim that type of user base. I  won't be surprised if a large game company is going to take over the company. Imagine maker of Fornite , Epic Games, is the one buying, I can rationalise why.


    70% of Fornite players buy in-game item and spent an average of US$85 per player.

    https://www.mmorpg.com/mobile/news.cfm/read/48977/ismb/1/fortnite-nearly-70-of-players-make-in-game-purchases-with-85-the-average-amount-spent.html


    70% of 350m ICI gamers, equals to 245m x 85 = US$20 billion of revenue. OMG !! Insane but highly possible ! Any price below 50c super cheap for any suitor. My guess there is a strategic buying in happening .



 
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