The rights to their IP should be worth ten times that much, hell even in their current sorry state their brand name should be worth about that much alone.
I'm surprised Sony didn't buy them if they were going so cheap.
I invested in Embracer after this. I had seen that they bought Gearbox, which people complain is woke, too. Was waiting for a good time. These are still games that I want to play. People are talking about them, which is good.
If they are smart their investments will be more than worthwhile, if the minds they've got righting these franchises are up to snuff the original projects kicking around their heads are probably good too, the initiative they are taking and the fact that it's driven by industry professionals and not corporate pirates says to me that in a remotely healthy market you've made a safe bet at worst and a very good bet if they are as competent as the could be.
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