Author argues Allied Gaming & Entertainment is deeply undervalued because assets minus liabilities are about 5x the market cap, backed by its Las Vegas esports venue and aligned management.
AGAE — LONG The author argues Allied Gaming & Entertainment is extremely undervalued because assets minus liabilities of roughly $56M dwarf the ~$12M market cap. He claims the company owns the world's most recognized esports venue in Las Vegas and works with major third parties like Riot, Capcom, Nintendo and Twitch, positioning it to benefit from global esports growth. He also cites management and board taking significantly lower compensation than peers as evidence of shareholder alignment.
having assets - liabilities worth around 56M, the current market cap around 12M seems extremely undervalued