Usually - the timing suggests this is a knee jerk reaction to the RNS
Read the detail - what a great foothold into LatAm and the fuel distribution market. could be a great success story.
Raven - the simple answer re: the UK market is the sheer cost of compliance to obtain and maintain the GB-GC license. They would need to get a compliant sportsbook , then build teams to review KYC / AML / RG / CDD / EDD etc. Plus customer protection of funds - it is a huge undertaking in a saturated market. Competition is tight, share of wallet hard to obtain without significant marketing investment - Google PPC costs per click of >$100 for words like "sports betting". lots of barriers to entry.
Buy 100k in three parts this morning , then hold for 4-5 hours and sell at a loss?
Incredible really. Totally missed by the market. I miss the AIM of old, in the 2015-2018 days this would be a 600% spike.
This . Exactly this.
Short term - ? I have been here since 2016 mate... almost at my 8th year. My frustration is the lack of demonstrable progress with the main asset, and thus fund raising and dilution.
Basically the market has priced in a failure to get the MDA and the loss of the Songwe license... who knows.
How on earth are we in this situation. the radio silence is awful.
Normal service resumed. you have to laugh.
Lovely.
Twitter suggests a move into H&S ? Interests
The issue is that with time ticking on, every fund raise and dilution is putting a ceiling on gains. At 5p - £1 was very much in reach . I now think that is a stretch - In the next 5 years anyway.
Already held since 2016.... seen 5p bounce off 12p, then back to 7s, then bounce off high 20s, and then back down here again. We are sat on a multi billion dollar asset, enough is enough with the radio silence from MKA. Get that MDA over the line, get it funded and start extracting. FFS.
This aged well :-) when you have been in STAR / TRAC since 2015 as i have- you get to know the leaky signs. The price actions reeks of people with limited inside info - knowing an RNS was filed - buying on the hope it was good. it wasn't. on we go.
Usual leaky TRAC? - small volumes but big movement - never much stock around but worth watching if the Bid starts to move.
Anyone else concerned about the level of related party trxns ? Feels a bit like we are a vehicle to support other interests....
Why are we selling to a subsid ?
Actually - having just gone through this process with various providers - i can say that Aviva was the easiest - really straightforward - clear and customer focused. Capita took almost 6 months - awful service - 26 page forms to hand write - certifications and further forms to fill in. I wouldn't trust them with my money being so antiquated / obstructive - therefore having clear systems and processes for customers actually attracts me to Aviva (even through i moved two pensions out ) .