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Weed, City seems to think you were explaining when he wasn’t so don’t really know what his post was about to honest.
It’s last chance saloon for the company and its investors City, every strategy so far has been a failure barring IGS. Lots of established competition in Mexico on the betting front just like loads of competition in India (they only needed a very small percentage there also, that failed). So what sets MOS’s new venture apart? please don’t say NFT’s attached because the sales have been dismal. Maybe it’s the talking about it on a podcast but doubt it. So it’s just a betting site like all the others then.
Same old weed ‘only need x amount of that market’ has been used time and time again only to end in failure. I wouldn’t fall for that old chestnut. Wonder when Lord City is joining the board with his side company recouping his investment?
Well over 5p the preceding month though, doesn’t stop private investors in the know forward selling before announcement, just saying as well. Naive to think it doesn’t go on.
Yes it’s a subsidiary but why send them money to invest, like I said I though I thought ACP was the investment company. Although no other investments are shown on their website. As for forward selling, any private placement with holders knowing before the market will have forward selling. Never transparent enough for me.
They bought 4.5 million shares in Lindian Resources Limited through Graphite Advancements Pty Ltd, I thought ACP was the investment company not its subsidiary. It’s in the last FY report on the ACP website.
One more thing though Dee, how many times have ‘ordinary shareholders’ been involved here as opposed to the ‘HNWI shareholders’ ie discounted shares (forward sold) and warrants. Mates rates apply it seems in all these types of companies.