WARDOGS has passed 1m Steam wishlists and apparently pre-orders have been stronger than expected.
Team17 is publishing it, which is owned by Everplay (LSE: EVPL). The interesting bit is Everplay also owns 20% of BULKHEAD's (the games developer) parent company, so they potentially benefit from both sides if the game does well.
EVPL is currently trading around 5-6x expected EBITDA and has net cash.
WARDOGS launches 10 September and EVPL reports results just 5 days later.
Obviously this all depends on the game actually delivering, but feels like an interesting setup that isn't getting much attention.
Anyone else following this one?
EDIT:
EVPL CURRENTLY: **242.50p 24/07**
EVPL CURRENTLY: **256.0p 25/07**