$PLAYSIDE STUDIOS LTD(PLY.AU)$
Value investing opportunity. A chance to buy Australia's biggest game developer and publisher.
Currently managing downturn on third party game development with all the layoffs in Silicon Valley.
However, it has a few games in development due for release later in the year. Potential highlight is Mouse PI which has similaries Cuphead and Bioshock mashup.
https://youtu.be/1QVXJcrFRtA?si=Vw1oMhvTNr0aluyR
Their other capability is working with Meta developing VR games and its own capability.
So can be a value play or value trap. I think it's the earlier and matter of time before it rebounds.
I have taken a position at this price.
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