George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Isle of Man based sportsbook operator B90 Holdings [LON:B90] saw its shares surge on Wednesday, adding 145% by the close as trading in the stock resumed following a one year hiatus. Trading was facilitated in the wake of a successful capital raise having been confirmed along with the publication of 2019 results, but with the stock having been around the £8 mark just over a year ago – and above £80 in 2018 – bargain hunters have been quick to pounce.
Isle of Man based sportsbook operator B90 Holdings [LON:B90] saw its shares surge on Wednesday, adding 145% by the close as trading in the stock resumed following a one year hiatus. Trading was facilitated in the wake of a successful capital raise having been confirmed along with the publication of 2019 results, but with the stock having been around the £8 mark just over a year ago – and above £80 in 2018 – bargain hunters have been quick to pounce.
The company stated their losses was mainly due to the cancelation of the sporting events due to the pandemic.
They also bought the outstanding 49% of Quasar Holdings - which wholly owns Bet90 Sports Limited - so it now has complete control of Bet90 Sports. The group remain reliant on being able to manage its cash resources carefully, continuing to manage its creditors and trading being in-line with management's expectations with sports events opening back up so they should be ok.
They relied heavily on bets from the sports events too.
Could see a good afternoon once the US markets open..
*rerate will be massive here
Crazy to think of the potential here! Rival to tiktok and signed a deal with one on Chinas biggest media companies, and it’s only £50m. The restate will be massive here..