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Was hoping Currys would hit 57-58 , from my 53 buy this morning
May buy more before close
Hopefully any sort of improvement would have a positive effect on the SP.
Bought more today, hopefully those bloody results will be good
"Bought a few more at 14.75p"
I'm sorry to hear that.
Bought a few more at 14.75p
Crazy year low, with results in line with expectations this week, surely we should be higher than we where 6 months ago! Not surprised you can't buy any at the moment. Hopefully we'll get a nice rise on Thursday, not sure we can go much lower.
Sports betting ads are protected by 1st Amendment, lawmakers say
"we know our core is the affiliate business model here in the US and view it as a really profitable business here for years to come"
https://www.gamblinginsider.com/magazine/529/a-renewed-focus
Not one trade, but the MM's are pushing the price down
Can't do much about the selling, it's either shareholders selling for massive losses unless they bought 3 years ago at 14p, or short sellers
Yeah yeah yeah, and still the SP plummets.
U.S. Sports Betting Sites Projected to See March Madness Wagering Boom
The expansion of regulated sports gambling in the U.S. is expected to drive a healthy share of new wagering on this year’s tournament.
The U.S. gaming industry could see a serious uptick in March Madness-related wagering this year at retail and online sports betting sites.
Based on the results of an online survey done for the American Gaming Association (AGA) earlier this month, the industry group said Sunday that around a quarter of American adults, or 68 million people, planned to wager $15.5 billion on this year's NCAA Men’s Division I Basketball Tournament
https://www.covers.com/industry/usa-sports-betting-sites-march-madness-wagering-projection-aga-2023
Yeah & results are within line / or better than expected with new states coming online this year! Sp is incredible low considering imo ??
Earnings results expected in 14 days
XL Media and Spotlight Sports Group enter racing content partnership
XL Media and Spotlight Sports Group (SSG) have agreed to a content partnership, in which SSG’s racing content will be integrated into some of the affiliate company’s domains
https://igamingbusiness.com/marketing-affiliates/xl-media-and-spotlight-sports-group-enter-racing-content-partnership/
Tom Bellamy to give major racing festivals insights with Freebets.com
Freebets.com has revealed professional Jockey Tom Bellamy as the group’s new racing brand ambassador.
The XLMedia PLC-owned group stated that it will be working closely with the National Hunt Jockey who is based in the Cotswolds and has over 250 career wins to date
https://sbcnews.co.uk/retail/2023/02/28/tom-bellamy-to-give-major-racing-festivals-insights-with-freebets-com/
U.S. sports betting: Here's where all 50 states stand on legalizing sports gambling, top site mobile bets
More than half the country has begun the process of legalizing sports betting
https://www.cbssports.com/general/news/u-s-sports-betting-heres-where-all-50-states-stand-on-legalizing-sports-gambling-top-site-mobile-bets/
Do you not also consider actual assets v liabilities. Last count was a net asset for the company of £109 mill yet the current value of the company in Share value is £42 mill. So I am comforted in that if the company was sold and broken up surely we would all get back 100% of our investment at today's price. Happy to be corrected if I am wrong It will help me learn going forward
They're posted at a trade price of 16p - so unless they are a negotiated trade with one of the major shareholders selling off book then if they're 'worked' trades they would have to be from Dec / Jan as the volume & price us doesn't stack up with the on book prices.
Unless - some MM bought them on loan to drive the price down and we'll see another delayed posting at 10p when they sell them back after closing a sizable short position - if that's even possible / legal.
The reality is we'll likely never know until we're all so far underwater it won't even matter.
To think XLM once traded 12x the price it is today - and paid dividends in 2017/2018 that would represent about 35% of today's share price.
'IF' sports betting in the US takes off and an advertising ban has little effect XLM could potentially return to those dizzy heights, but in the interim it's the revenue to profit ratios that I'm keeping my eyes on.
True AIM over reaction - so if we assume Joe that selling 5 million shares from a total of 240 million ( basically 2%) shares drops the share price 33% from recent high - it does not equate to real % terms.
I reckon they have been working those trades through since the decline from 24p a few weeks ago
The only significant shareholders as at 7/12/2022 are -
Premier Investissement SAS 73,478,567 27.98%
TFG Asset Management UK LLP 13,500,000 5.14%
Ory Weihs 8,137,444 3.10%
I guess we do not know how long that trade has taken to complete -
One could argue the drop has already happened due to the constant sells. If we carry on like this afternoon then we might see the share price rise from here. Nobody ever knows the real reason why anyone sells. We can only ever speculate so is wasted energy. The fact is that the shares were sold and now we can move on.
So the book closed for the day with a 16p price - based on delayed bulk trades for over 5.3m shares.
Expecting an RNS tomorrow off the back of that volume - but what's the betting it took place early and was only posted after the market closed in order to drop the price back down again after quite a solid day of buying.
Something is going on - which as PI's we're just passengers who will be told long after there's an opportunity to do anything about.
Let's see what tomorrow holds and where the price opens by the time we can all trade.