No wonder this went in auction. We should start climbing in the 20's. Very good RNS today.
It is also the first acquisition under the management team led by chief executive Charles Butler and indicates that the board are willing to invest some of the company's burgeoning cash pile in expanding the business and taking advantage of opportunities as and when they arise.
I did say this morning that Simon Thomson will cover this in IC. He has. His conclusion was:
"Needless to say, offering 40 per cent potential upside to my target price, and ahead of a pre-close trading statement in early January, I rate NetPlay shares a very strong buy on a bid-offer spread of 19.75p to 20.25p."
Re: NEW, lost about 70%, but have now invested in WEB and NPT, as internet/TV gambling seems to be very lucrative, hence me buying MDC and yet again another bad investment decision. NPT, after today's RNS and brokers rating, looks set to deliver share holder value, so will be staying with this stock for a while. Have 10 days to get some funds to pay for it now :-(
Hi KUMS, decided to buy in today after RNS, certainly looking like a good investment in NPT. Mind you I thought that about NEW, remeber you everyday at 16.30, used to make laugh, although the falling share price didn't
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