RE: GUSC10 Apr 2015 11:06
Last RNS announcement on the investment in Sportsdata will give a clue. I have a feeling, and it's just my thoughts, that the intention may be to reverse completely into GUSC the sportsdata entity. 30% holding at the moment. I think the end game idea may be to sell the sportsdata entity and it's licences, atm GUSC would get 30% which if fair value would I reckon be millions based on the investment amounts but I reckon they may look to increase that % ownership soon. There is also the clue to sportsdata targets being achieved 'earlier' then expected, and prior to summer... GUSC also did a placing prior to their ownership increase from 10% to 30% and it was more than GUSC's MCAP at the time, and oversubscribed! Add in the NED buying 200k at 8p, Wray owning 8% of GUSC, Hargreaves 15-16% ish. They are in it for themselves i.e. want to make money on GUSC. Happy to ride their coatails on this. There is also the unknown and what they will do, i.e. if the sportsdata idea is such a winner, can it be transferred overseas, can it's offering be expanded and what else is GUSC planning to invest into.. DYOR ATB