Nightmarez3k
02-03 20:26

$PLAYSIDE STUDIOS LTD(PLY.AU)$  

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.

Modified in.07:02
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