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Astralis Publicly Traded
United States NightCrawlerBRC What do you think this will do for the org? Some people are saying this will have negative effects on the team.
2019-12-03 19:22
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autist | 
Brazil hrp_ 
doesn't seem like a good investment tbh
2019-12-03 19:24
would've been fantastic in 2018 had they thought of this previously though they were privately owned by rfrsh
2019-12-03 19:26
i think plenty of investors will find value in the stock, and i have no doubt the prices will raise by quite a bit before the first day closes. i just have fears that the top level contributors will have too much say in the team structure... god forbid one of the players has a very bad game during a key moment of a tournament and they overrule the management's decisions
2019-12-03 19:29
very true given the standard they've set for themselves during the last couple of years
2019-12-03 20:39
Considering the IPO has been oversubscribed so that most investors will only the 2/3 of the stock they made a bid for, it looks like at least initially those that have bought into it will see a nice instant rise in value of their stock. That what happens remains to be seen, but currently it is looking promising. I wish I had not missed that they did the IPO.
2019-12-03 20:36
yea man.... i really wish i knew about this ahead of time :/ to be completely honest, Astralis is the only team that i don't really like... but.... i still would have bought into this if knew about it ahead of time :/
2019-12-03 20:54
I am torn now. Should I still get in on the fun or wait it out to see what happens. Stocks could go up a lot in the first days - or they can have an initial spike only then to drop to something like the initial value. Damn.
2019-12-03 21:15
haha welcome to the stock market! personally..... i think it will AT LEAST see a short-term surge. depending on how their teams continue to perform over the next few months, it might turn out to be a decent investment. Astralis will be the first to do this, but esports are only getting bigger and bigger and bigger there's a LOT of celebrities and rich people who already have stakes in several privately owned esports companies/orgs/teams.
2019-12-03 21:18
this is just the first article i found, but there are a bunch more too
2019-12-03 21:20
I dont speak 150iq so what does this mean
2019-12-03 19:24
Astralis is going to be publicly company, so you can buy and sell their stock on the market so instead of it being a private company, there will be share holders who have a say in what happens with the org/team
2019-12-03 19:25
it means you'll be able to buy astralis stock to put it lightly
2019-12-03 19:25
flag checks out
2019-12-03 19:25
mfw "flag checks out" when NASDAQ was created in the US and Astralis is now traded on Nasdaq Copenhagen
2019-12-03 19:28
ya got him there lol
2019-12-03 19:31
doesnt make him less dumb for not understanding the post lmfao
2019-12-03 19:35
unfortunately i don't think many people understand what it could mean for the team :/
2019-12-03 19:37
2019-12-03 19:42
zonic | 
Denmark Quientus 
Yes, you Can but Astralis stocks, however, doubtful that Any new investor Will get to have a say really ... majority of Stock is still Owned by key members who are not going to relinquish control. So forget about Any chances of Any “hostile take overs” ... Alot of companies are divided into “a” and “b” shares, as to prevent Any scenarios to take over. The Stock introductuon is mostly just to get more funds into The Company
2019-12-03 20:14
Exactly. No different that teams in more traditional sports also being traded publicly. To some degree it is actually a way for fans to feel more connected with "their" team.
2019-12-03 20:20
i'm sure people thought that way about a LOT of publicly traded companies over the years, but sometimes things change overtime
2019-12-03 20:52
zonic | 
Denmark Quientus 
it depends on how you structure the company ... If you think that Astralis org is going to let "outsiders" (not key investors) dictate how they should run the company, you are sorely mistaken ... - If you read on it, you would see that its not the entire company that was up for sale via stocks ... Again, the stock introduction was merely meant as a mean to garner more currency into the company and to bolster it for the future, as they do have ambitions to branch out ... as evident by statements made by the company prior to the stock introduction
2019-12-03 21:22
o yea absolutely, i completely agree with you but at the same time i'm just a little weary. money has the ability to change a lot of things and it's not always clear what the future might hold
2019-12-03 21:24
zonic | 
Denmark Quientus 
So true, - We have very old Shipping/ Logistics company called DS/1912 in Denmark, they are on the stock exchange and at a 6 figure dkk rate pr 100 dk share ... - But the only stock you can buy on the exchange are B-shares, as all the A shares are owned by the family, and each A- Share is 10 times the value (also in votes) as the B- Shares ... I see something similar with the Astralis stocks
2019-12-03 21:34
for sure, hopefully it works out well for them and the people who choose to invest for all we know, it might turn into a domino effect where more and more orgs go down this path
2019-12-03 21:39
Shara | 
China |REM1| 
imo you can get a better roi if you bet on their matches
2019-12-03 20:16
maybe.... i bet if you went in during the IPO you would get a pretty damn good return on investment. Astralis is the first org to do this, they're a great team not only in CSGO, and there's a bunch of rich people and celebrities who already have stakes in privately owned esports teams/companies/orgs
2019-12-03 20:51
09:30HellRaisers vs Lucid Dream
Lucid Dream
19:50Astralis vs mousesports
17:00Liquid vs Astralis
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