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Your guess as good as mine... guess the twitter mob weren't on this one.
I have been a holder for a few months and this morning wished I had bought some more at yesterday’s closing price. My wish has been answered and just doubled my holding at 23.5p. This is almost like have insider knowledge as I literally got in at the before RNS price after the RNS hit.
what the hell happened here
Yup - mine either ffs. WEB rises feop 2p to 8p area. BBSN rises 300% on being voted the 3rd biggest... this has a new partnership in the us opening up huge potential and it drops. FFS. Loan notes are at around 27p so imo will rise back eventfully. Didn't think Id get spiked here at 27 when it took so long to fill the order. Fek aim.
I initially came in with a small punt for a short term in and out, but having done some research I am going to stick around some time and if it falls further may top up. There are approx �9m of outstanding conversion notes outstanding and if they were converted at or around current price's it would amount to another 30-35m shares, and the rate at which the company is growing and revenues being generated, this will grow exponentially, would welcome a little retrace over the next few weeks, when can release funds from elsewhere to bring here.
Like I said...could take a day or 2... Market isn't fully aware yet, look at company fundamentals. aside from low share float, she's just over 10M MC which is greatly undervalued. Directors have skin the company and now has a partnership deal. She'll move very fast IMO due to low free float!
Is this going red! ....Well the MM's will have some shares now.. Let's see what after lunch trading does..
My buy at 28p looking increasingly bad! Lolz
The wonderful world of AIM -- this is getting near yesterdays closing price! And then you have WEB!! Sometimes it;s the following day when the SP really takes off after a RNS... GLA - Still got my holding.
yes i havent sold any and just remeebered i also have another �10k in my AJ bell account. Only just remembered. this should get a PR campaign soon i think
Let the sellers clear out mate... Thats what the major players are waiting for..IMO when the market catches on to this deal and market position of NKTN they'll pile in.
i havent sold a penny.
On-Premise Gaming (North America) � Nektan's US subsidiary, Rapid Games�, continues to generate significant interest in its on-premise solution and is expected to complete back-end system integration with a major commercial operator and to initiate trials with further multi-property groups during the current quarter. � During the last quarter, Rapid Games� completed the development of, and received certifications for, its latest product additions, which now include a third party Class III RGS, integrations with smart tables and tablets, a growing library of both Class II and III games and compliance with an expanding list of standards and regulations. Gary Shaw, Interim Chief Executive Officer of Nektan, said: "Our results clearly demonstrate Nektan's growing commercial and operational strength throughout international markets. The significant increase in net gaming revenues and cash wagering from our European white label business represents continuing growth momentum. This growth, at the same time as launching into new markets, underlines Nektan's strength of management and technical capabilities. I am particularly pleased with our ability to expand, deploy and support in multiple geographic markets during this period from our stable, centralised cost base, delivering incremental revenue growth to the Group. Nektan is becoming one of the market leaders in both mature and emerging markets for our sector and, as the market expands over the next year and beyond, our technology will become even more sought after. We remain confident about our growth strategy and look forward to announcing further encouraging updates over the coming months."
B2B � Nektan generated �83k in revenue from the B2B business during Q3 FY18 versus �47k in Q2 FY18 with a total of nine deals now live globally. � The first global platform deal with Tyche Digital ("Tyche") is now live and generating revenue, opening up a significant pipeline of further opportunities. Nektan has a total of three deals now live in Asia and has completed 10 game vendor integrations delivering 250+ games on its Evolve Lite platform. o The Company expects to go live with its first Tier 1 operator in Asia during April 2018 and Tyche has signed a further four deals with significant Asian operators, which are expected to go live before Nektan's financial year-end. � New, higher margin, revenue sources for Nektan from sheltering and platform deals: o During the last quarter, Nektan went live with a sheltering deal allowing games developer Magnet Gaming to operate in Gibraltar under Nektan's licence. Further sheltering deals are expected to be approved and launched before the Company's financial year-end; o The Group has a number of ongoing commercial discussions around additional platform deals and expects to have at least one further deal live in this calendar year.
*calculated using underlying, non-rounded figures **restated � Nektan continued to deliver strong growth, with NGR in Q3 FY18 of �5.1m, increasing by 8.2% compared to Q2 FY18 and by 44.8% versus Q3 FY17. � The slight dip in FTDs is due to Nektan's continued focus on the quality of the player and spend. This focus on player quality resulted in cash wagering increasing by 11.5% in Q3 FY18 from the previous quarter and by 43.8% versus Q3 FY17. � Nektan launched 18 new sites and five new partners in Q3 FY18. The Company is now operating with a total of 111 brands from 49 partners with plans to launch up to 20 new sites from both existing and new partners throughout the quarter ending 30 June 2018. We continue to rationalise sites and partners as part of our ongoing focus on operational improvement. � A total of 73 games were launched in Q3 FY18, from three new as well as existing game vendors, further diversifying Nektan's game portfolio.
Yes... that's NKTN... But as per the RNS they have partnered with someone...
Could someone shed some light on the cash position of the company and cash burn rate, thanks.
REGULATION Nektan (Gibraltar) Limited currently holds gambling operating licences in Gibraltar, UK & Ireland. GIBRALTAR Nektan (Gibraltar) Limited holds a gambling operating license, the Gibraltar License Agreement, which allows the operation of a maximum of ten groups of games, including: (1) casino style table games; (2) card games; (3) slot machines; (4) video poker; (5) numbers-based games, including bingo and keno; (6) dice games; (7) poker; (8) skill and prediction games; and (9) scratch cards. The Gibraltar License Agreement covers all forms of remote gambling, including mobile and desktop. UNITED KINGDOM Nektan successfully received approval for both a software and a gaming license for the UK market from the UK Gambling Commission in June 2014. IRELAND Nektan successfully gained approval for a remote betting intermediary license for the Irish market in July 2015 in accordance with new Irish market regulations, which came into, effect on 1 August 2015.
They are already used in US casinos.Metric gaming will be dealing with licences, They are already onto it.
how you doing naz11 has the part started or was it a flop. is the ramping not getting you 15% lol
...they are going to need licences... licences cost money... $10/million being the benchmark that Pennsylvania have already said they want per new licence.... Webis already has 28 Lincences ($280+ million worth)
...compared to webis, but cannot find there profits from the revenue? how much in bank?....this is only up 25% since the US supreme court announcement. surely worth much more since announcement of both court ruling, and todays partnership announcement. anyone able to give anymore good reasons for support at higher levels?
Nektan enters US sports betting with Metric Gaming partnership 08:11 23 May 2018 Companies will offer horse racing and other content ice hockey Mobile betting is now allowed on US sports after Supreme Court decision Mobile gaming software group Nektan PLC (LON:NKTN) has partnered with Metric Gaming to enter the US sports betting market. Last week the US Supreme Court lifted a federal ban on sports betting and numerous US states are expected to pass legislation to enable gambling across a whole range of events. Broker Jefferies reckons the US market for legal betting on sport could be worth more than US$57bn a year. Set up in 2013, Metric Gaming is a significant supplier of sports betting content around the world and in conjunction with Nektan will offer horse racing and other content. Nektan�s Respin's Rapid Games platform already provides in-venue interactive betting to US casinos through its smartphone and tablet platform. Gary Shaw, Nektan�s interim chief executive, said: "With last week's Supreme Court decision, the combination of Metric's leading sports and race products, and Nektan's Rapid Games Mobile Casino, creates a large opportunity for both companies working in partnership. �The sector will look to a combination of sports and casino and having a partner combining both will create additional opportunities for both companies." Martin de Knijff, Metric�s CEO added: "Last week's Supreme Court decision signals a sea change in the US. �We are impressed by the Rapid Games platform, and believe that its multi-device approach gives our state-of-the-art horse racing and sports betting counterparts a price and functionality advantage over legacy based competitors in both the retail and iGaming spaces."