RE: Operators Closing Down5 Sep 2014 17:23
Agreed - what’s interesting is as you say BPTY's exposure is minimal in the UK but 888 last time I looked had about 40% of its revenue here, does not look too good from their point of view. The time has come to rebalance the two companies’ market caps, we were double the size not so long ago. The recent M&A rumours can’t hurt our price either I think.
That 100p level I think may hit by mid week in lieu of the X Divi date next Wednesday, after that it will be interesting to see if there is a bit of a selloff in the short term, perhaps a trading opportunity awaits?