SCi down more than 50%

British publisher SCi, owner of Eidos Interactive and IO Interactive, has seen its biggest drop in share value in eighteen years. Right now they are at $62 down $72.50.

SCi Entertainment Group Plc SEG 62.00 -72.50 (-53.90%)

Holy shit. Just because they ended all takeover talks…. well not just that … they will also post a loss in 2008. They were asking for more than 300 million pounds for the takeover. Now their value is around 65 million pounds.

Midway should act now!

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Midway and SCi !!

Some rumors about a possible merger between SCi and Midway. I think that will be a good step for both since they are not doing that great and they could use the combined momentum to survive against EA and Activision/Vivendi.