By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Train wreck on 06 November 2012
Edit Thread
Soleron said:
Train wreck said:
CChaos said:
http://finance.yahoo.com/q?s=THQI&ql=1

I believe $1.58 puts them below, once again, the $2 mark needed to remain on the NASDAQ. So, if they remain at that total for...I think it was a month or so?...then they'll be removed from it. Grim tidings indeed.

They claimed that 1.4m copies of Darksiders were sold. For most companies, that would probably be a fairly good haul, but it was below expectations. That alone said a lot about their financial situation.


That price includes a 1 for 10 reverse split, its current share price is really 16 cents

That price values THQ at $10m.

Are they serious. THQ's buildings alone are probably worth 10m. Add all the IP, staff, engine dev work and in progress projects and $10m is absolutely insanely low. I think VGC could buy it out if every forum poster put in $100. I mean come on.

The problem is if THQ was looking for a buyer, they would have came a long time ago.  the current cap is 14.1 million dollars, if you believe in brand equity, then they may get something for Metro last light (even though most major studios have their own FPS), Saints Row, South Park and darkstiders but there are really no healthy players in the vidoegame business right now (outside of Namco and Microsoft) and im sure those games do not align with their business model.