ESH 8.33% 1.1¢ esports mogul limited

I agree shareholders will be disappointed but to me even with...

  1. 947 Posts.
    lightbulb Created with Sketch. 170
    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.
 
watchlist Created with Sketch. Add ESH (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $17.93M
Open High Low Value Volume
1.3¢ 1.3¢ 1.1¢ $20.50K 1.731M

Buyers (Bids)

No. Vol. Price($)
14 7438489 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 222639 1
View Market Depth
Last update - 16.10pm 13/09/2019 (20 minute delay) ?
(live)
Last
1.2¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.3¢ 1.3¢ 1.2¢ 1627671
Last updated 15.47pm 13/09/2019 (live) ?
ESH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.