LU7 5.26% 2.0¢ lithium universe limited

Ann: Mogul Sign World-Leading Esports Team in Industry First Deal, page-48

  1. 7,644 Posts.
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    I agree shareholders will be disappointed but to me even with getting 50% of the target with the last traded price i think would be an achievement itself and i would still be happy (happier with 100k people though). Because 50% would mean 50,000 subsribers with 5USD p/m would mean 3M total or 1.5M each... Do that with 2 or three others and we are in profit i would say - with 100k on 4 teams i would struggle to see why there wouldnt be profit but i wouldnt expect a dividend by that time still as i would think more reinvestment to build market share/maintain and build up a buffer.

    If they exceed the target then having new signings would be easy as really we are saying do you want to have 3M+ p.a. (their money) for bringing your fans to us? These percentages can also change as we get more in demand it might not be 50/50 it could be 60/40 or 70/30 in our favour... hard not to think ahead but for now we wait and see how they go at reaching the first target and how many more want to join us.
 
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