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Investing in Mindark

Count Joe said:
Still amazed that players keep putting in 100 millions each year in to this game
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Except they don't. Mindark releases their financial numbers. And they have heavily dropped YoY.
 
Count Joe said:
yes it has droppes alot for Q4 but its still over 100M sek for the whole year
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Ehhhh that's not how that actually reads. And if it was that would be $10m USD. Which isn't a whole lot for a company that's been around for 20 years especially having to pay for employees, servers, and everything. There's a reason they are losing money rapidly. And their stock shows as much.
 
Yes, it's low for a reason.

However, high risk and high reward type stock now.
 
Angela Draniie Cloud said:
Ehhhh that's not how that actually reads. And if it was that would be $10m USD. Which isn't a whole lot for a company that's been around for 20 years especially having to pay for employees, servers, and everything. There's a reason they are losing money rapidly. And their stock shows as much.
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And how do you read it then? The turnover is around 100m sek and the unconsumed PED is kinda the same as last year which means ppl have deposit 100m sek.

Ofcourse their is a reason why the stock goes down.
 
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