RE: Gambling stock4 Aug 2025 14:47
If this isn’t a gambling stock, then what is it? Based on the profit they just published, the shares are still below their previous highs. Just look at Close Brothers Group despite all the controversy around dirty money, their shares are climbing.
Meanwhile, it might take another year or even longer for IAG to reach its all-time high or pre-COVID levels. And don’t forget, if there’s a global crash, you could be stuck at the same value for another 5–6 years.
If you have enough money that you don’t care about actual returns, then maybe this is the stock for you because it just keeps repeating the same cycle, and not in a good way.