Even the media became interested in Asmodee’s results.
The initial +8% start turned quite quickly into a -2% drop on the stock exchange, but it leveled off towards the end of the day so that it even ended up in the green.
Someone big took the opportunity to make an exit; there are still parties among the company’s owners who do not want to be owners in a traditional board game company, and now an opportunity opened up to put a large amount up for sale at once, as Asmodee’s trading volume has been quite low.
Another topic of speculation could be that since Lars is intending to step aside from Asmodee’s operations as well, there might be another large block for sale, and this kept large institutions from buying.
Koegler said yesterday that the goal has indeed been achieved; they are now considering how the shareholder reward policy will be implemented. They have plenty of time for this deliberation; the AGM is scheduled for the autumn.