RE: ChartToday 10:27
That's a reasonable point of view but is that not the point of what the capital markets are for? But combined with the fact that if a business can demonstrate future growth potential then investors support the company and that results in a higher share price?
There is no doubt in my mind that they have not exactly got it right so far (hence the historic share price) but they have done various things and some of these are still active and have potential. But in addition to this, the various activities that they have go involved with have then allowed them to get involved with the new Estadio venture and in my view if they can get that launched then in time they will have a significant stake in a profitable business. Estadio Bet is the single most interesting part of the whole company to me.
I see them as pretty well cashed up at the moment and with a lot of potential in this quarter (they suggested Bet may launch Q2) so we wont have to wait long to see if the company looks like they have got a strategy that will finally deliver some real value to the shareholders.
As a side point the market is littered with companies that do, then don't, then do, etc... and if you speak to many that have invested in these companies their view of that company will normally be linked to their individual period of holding the stock.
I am looking forward to the next few months and then I will see if things are taking shape.