I have an order in for £5k at 2.7 - let’s see if it gets filled- there is very little out there at the minute. So, if anyone is not happy and wants to sell feel free as I know there are other orders in the background.
Met with CEO and Yeomans as well as the new NED at the show.
We chatted for a while about sports data and the direction of the business, they were very concentrated on sports data and were confident of where it was going. There was no plans to diversify and they were concentrated on sports date.
This is my own opinion.
I asked about a RTO of sports data - Richard yeoman's then pulled the CEO over and said talk of an RTO on sports data. The both laughed, i obviously hit a nerve here. They then eased up a bit and said that the remanding shareholders were a private equity firm who they were negotiating with. I said is that why the NED was bought on board, they laughed again.
In my view and this si not a ramp but the impression I have - that these negotiations are ongoing/current and we may here news soon.
Spoke about liquidity- Richard Yeomans said that he thought there was 20% free float and that he knew investors who held quite a lot of stock and he would be surprised if there was more than 12-15% currently being tradable.
Overall extremely pleased and they seem a jolly affable confident bunch who seem absolutely clear where this is ongoing.
I think an RTO of sports data is very much on the cards - 2 BODS laughed and avoided the subject when I asked them outright ! They did say yen sticking point was current shareholders were private equity and wanted to hold but era re in negotiations