>>68823507/biz/ here.
It is still retarded. The whole point of going public is raising capital so you can invest on growing quickly. Basically, to put it simply, they could have:
>Save up for (let's say) 10 years to have the money to build a new studioor
>go public, invest that money in a new studio so you can beat your competitors and grow quickly, then give back to investors with dividendsSitting on a pile of cash makes no fucking sense. You always want some liquid money in case of emergency, but you don't keep the whole pile untouched.
