eSports Mogul to Launch its First Ever “Silver Slam” Event on 5 February

January 24, 2019 05:20 PM AEDT | By Team Kalkine Media

Google News:

eSports Mogul to Launch its First Ever “Silver Slam” Event on 5 February

Recent News

What are next big copper projects? UBS tells when equipment makers cou...

EUR/USD poised to rack up more gains as ECB and Fed rate paths set to...

Carney launches ‘One Canadian Economy’ Act to unify trade, approvals

Trump signs orders to enhance drone defenses, support supersonic trave...

eSports Mogul Asia Pacific Limited (ASX:ESH) operates a media hub. The Company develops and provides digital games and video contents. The company serves its customers globally. The company has via the latest release on ASX has put forth their detailed plan for the first ever Silver Slam event, which is being conducted in partnership with Razer Inc. Following this news, the share price of the company increased by 11.765 percent as on 24 January 2019. The Companyâs platform, popularly known as the Mogul.gg (Mogul), has expanded their game title catalog to include 16 popular game titles across PC, console and mobile platforms in preparation of this tournament series.Â The key highlights related to this announcement are as follows:

The company and Razer are slated to introduce their Asia-focused series of competitions on the 5th of February 2019.
Silver Slam, which comprises an award-winning overall prize amount of $275,000, will be hosting daily tournaments across 16 game titles among multiple platforms which include the PC, mobile and console gaming.
Key partners within Southeast Asian regions have been communicated, and green signalled to run and promote additional competitions.
An intense marketing drive has begun and will run until the end of the event to drive user acquisition.

The tournament has multiple competitions which will start from the 5 February 2019 and it will continue till the 3rd March 2019. These will include 80 tournaments on a daily basis across all the 16 game titles, and platforms (called Quick Cups), as well as a partner, organized tournaments. These all will be taken into consideration while counting for all the leaderboard points. An aggressive marketing campaign for Silver Slam has just begun and will run until the end of the event in order to drive user acquisition. The Company is confident that the addition of game titles and platforms supported by Mogul, as well as the prize pool, will truly entice users to all Mogul service offerings. The company's Managing Director, Mr. Gernot Abl has said that the company is thrilled to kickstart the tournament in the month of February with whole lot of new game competitions. This can be considered as a big leap forward as the company will now be able to prove that it has the potential for running the bracketing and also the results for any game title. Now let us quickly look at the companyâs stock performance over the last few months. The stock is currently trading at $0.019, with a market capitalization of circa $21.58 million as on 24 January 2019. The stock has opened the trade at $0.018 which is also the dayâs low & touched a dayâs high of $0.019. The stock has delivered a YTD return of 6.25%.Â The company has posted returns of -48.48%, and -26.09% over the last six months & three months period respectively, as on 23 January 2019. It has a 52-week high price of $0.036 and a 52-week low of 0.011, with an average volume of ~2,221,417.

Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.