The most underrated share of 2022? GRAVITY – Help me understand before i invest.
Help me understand before i invest.
This is the weirdest valued share i've seen in a long time. How can a company that has a market cap of 450m$ and 220m$ in the bank, only be valued at 66$-ish per share. They almost made 1b$ the last 3 years and only have around 600m$ in expenses in those years, half of that being salary. GRAVITY is a South Korean game developing company thats huge out in Korea. That means that they could offload basically every employee they have and just rake in even more money.
During the last 3 years the share have gone from a high of 210$ and is now down to a low of 66.3$. Thats probably because the share was hyped for a little, as far as i can read out on the interwebs. I just dont understand that more people dont see that they're probably going to scoop of some of their own shares and pop up the price.
Please help me understand before i put my life savings into this 😀
Submitted January 15, 2022 at 10:03AM by madsrgk
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