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Yes...they were 30p when I first bought. Added at 100 plus and then at 64p on the big fall. Just last month. Seems crazy now. Been buying Web as I think they will do very well in time when sports betting gets agreed in California.
That’s a great average, congrats. Have posted here for a while, one of my favourites.....still a pretty quiet board all things considered......refreshingly peaceful.
Yes 350 to 500 is my target to open. My average is 71p but not selling
Here's a link to the rather impressive NASDAQ roadshow presentation:
Https://www.retailroadshow.com/presentation/#/pres?presid=661358
Some big trades after hours...150K plus. No idea where this ends.
Yup, great to see it reach toward the £2 mark again....and interesting considering some are unable to trade on certain platforms based on the comments here....so maybe more II buying. Lining up to be a great start in our new world.
200p nearly. What price when it goes over? I suspect about 350p in short order.
I don't think Halifax has any problems. I was told that they will transferred automatically and will be notified whenever. no action needs to be taken apart from filling w8 form. is that correct?
The NASDAQ open will be 6th May, with pricing on 5th May. Range is $6.50-$8.50. One would think the $8.50 will be the figure achieved since this equates to the current price on AIM - after which we'll see what premium GAN goes to.
Q1 figures look great at first glance? EDITDA for the quarter is $1.8m-$2.2m, and cash is healthy at $6m. Q1 revenues of $8m are expected to increase nicely over the year to a forecast $37m-$39m.
These figures should certainly help the pricing, so after that it's dependent on institutional appetite in the current climate:
Https://www.investegate.co.uk/gan-plc--gan-/rns/launch-of-gan-limited-u-s--roadshow/202004271345320004L/
Zooter, I transferred my Barclays shares held in an ISA to another broker - Barclays didn't automatically sell your shares, holders just had to contact Barclays in time to initiate the transfer and were given plenty of notice to do so (or at least I was!).
My shares are in an ISA with HL. I am assume that I will continue with my holding but it will become non-ISA.
Thanks Zooter, useful. Mine are also split across providers so that does explain different approaches. Fortunately mine have not been sold in that way.....would be a little disappointed.....although I accept it’s money and right now health is number 1.
HL will convert each GAN (UK) share to 0.25 of the new GAN Bermuda share plus 2.32p in cash. Last day to sell was 21 April.
The GAN Bermuda shares can not be traded and settled directly in the UK. In order to trade the new shares as quickly as possible, HL will attempt to move your existing GAN shares to their global custodian, HSBC prior to the effective date. So on 22 April they will attempt to move the new shares to HSBC.
The new shares will continue to show on your HL portfolio but HSBC will be the underlying custodian. Your shares can be sold by phone only and converted from $ to £ at their current currency conversion fees. Telephone commission is 1% with a maximum of £50, plus HSBC fee of £15. Once your shares have been received in to the new HSBC account, you can trade them on NASDAQ. Assume you will then be able to buy, subject to funds but you should confirm with HL.
Much better arrangement than Barclays Smart Investor who sold ISA shares automatically on 15 April at the then low sp of around 135p. As the UK shares are still currently being traded, feel a bit cheated, but not totally surprised. Fortunately most of the family ISAs are with HSBC.
I am not convinced that the issue is about the NASDAQ, as I believe that HL will let you hold US securities that trade on the Nasdaq once you have completed the relevant document. I think it might be more about the journey from AIM to NASDAQ. I fully intend to continue holding so will investigate further as soon as I have a moment, as I don’t know what happens if you don’t have the relevant arrangements in place at the date at which it stops trading on AIM. Not really had one like this before. Welcome the thoughts of anyone with knowledge!
Well done AIM investors for helping GAN to reach this pivotal moment.
Hopefully we will all follow them to NASDAQ and reap the harvest we have helped to sow. GLA
Hmm...I thought I had the requirements in place but based on your message I don’t. Will need to take a look myself.
I use Interactive Investor for trading US stocks and Investors hub part of ADVFN for Nasdaq Level 2 etc
Seems a bit premature of HL though
Tried to buy some more GAN this morning but HL wont let me due to the NASDAQ move. To buy more I need to transact with a brokerage that participates in DTC (Depository Trust Company). HL don't support this, only CREST. Anyone know of a decent online trading platform that participates in DTC?
yes....dont understand why folk would sell
The dash for NASDAQ has begun.
Good spot. So keen for this to fall back to about 100p. I am kicking myself for not buying more when it went below 60p a couple of weeks ago. I bought some at 0.64 but not enough....greedy I know.
Excellent news for GAN from this new article:
Https://sbcamericas.com/2020/04/15/surge-in-demand-for-online-casino-is-a-wake-up-call-for-us-igaming/
Extracts:
"The closure of US land-based gaming venues and cancellation of live sport due to the COVID-19 pandemic has sparked a 100% rise in internet searches for ‘online casino’ across North America according to research undertaken by affiliate BonusFinder.com.
The research, which examined Google Trends from February to the end of March this year, revealed a sharp spike in players searching for ‘online casino’ following land-based venues switching off slot machines and sports events being rescheduled."
"“This is a wake-up call for the 12 states that have already established an online sports betting regime. They should take note of the enormous interest in online casino from players and use this momentum to legislate igaming before we start seeing players turning to unlicensed, offshore sites and the black market.
“The demand will only continue to increase as this unprecedented situation continues, therefore now is the time to focus on providing best-in-class, regulated real-money online casino games that players can enjoy responsibly and that can also help state governments make up revenue shortfalls.”
I’m planning on holding based on the potential growth, any reason why I should sell due to the move over to NASDAQ.
And Seamus added 8000 as notified today
It is indeed going to solely list on the Nasdaq soon, however UK shares can be transferred on a offer of 1 new Nasdaq listed share for every 4 shares listed on AIM - in order to meet listing requirements a consolidation is required
Additionally all AIM shares will attract an incremental cash amount yet to be finalised but thought to be about 2.32p
I am rather hoping that gan will fall back heavily now. It will be delisted soon after all. I have sold some including the ones I bought at 64p and want to buy them all back. Being honest ha ha. I still think gan will be bought out at around 5£ ...very volatile of course!