I don't hold a stake in DEVO but worth pointing out they have an excellent reputation in the indie gaming space, exemplified by NetEase owning 7% and Sony owning 5% (another 4% owned by a UK dev setup by the former head of Codemasters). Founders own another half so float is tiny after considering employee stakes. They have an offbeat, subversive identity. They tend to avoid the micro transaction model and so rely on a steady stream of successful titles to avoid bumpiness, which they're generally pretty good at, but is riskier to investors.
Like Tinybuild and other US listed AIM stocks, not really sure what they're doing in London rather than New York, maybe taking advantage of looser listing requirements. Another potential listing-switch candidate.
I don't hold a stake in DEVO but worth pointing out they have an excellent reputation in the indie gaming space, exemplified by NetEase owning 7% and Sony owning 5% (another 4% owned by a UK dev setup by the former head of Codemasters). Founders own another half so float is tiny after considering employee stakes. They have an offbeat, subversive identity. They tend to avoid the micro transaction model and so rely on a steady stream of successful titles to avoid bumpiness, which they're generally pretty good at, but is riskier to investors.
Like Tinybuild and other US listed AIM stocks, not really sure what they're doing in London rather than New York, maybe taking advantage of looser listing requirements. Another potential listing-switch candidate.
Thanks for the insights!
Thanks for the post and for sharing my write-up!
You're welcome, keep it up!