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I also spoke to Sean and was reassured by his views however I think the UK shares in BKY under priced for the reasons stated by retiredrob and the state of play in the wider market. Yellow cake now listed In London and buying fuel while miner like UUUU up 14% today.

While the RNS was not all bad news WMH was punished for its results and the markets took 9% off early today. I did not try and catch a falling knife with a big buy but did manage to grab 500 shares at sub 270p. I take some comfort from the USA, online gaming, reduced debt and a dividend but not a great morning for loyal fans of WMH.

"net debt fell sharply to £272m, though the dividend was held flat at 4.26p."

After recent drops I did some reading and purchased shares here and at Summit. This morning Summit up on positive news issued late yesterday so back at break even with expectations of more progress.

Immu drifting downwards but the science and potential here is strong imo. Immu need to get their act together and issue a strategy statement on how they intend to proceed. A lack of an action plan here is damaging sentiment.

I did receive a reply to my inquiry and there was a greater than expected demand for BKY shares in Madrid so the brokers and market makers had to acquire the shares from outside the country in order to sell them on to Spanish buyers hence the price differential. The company believes that this differential will normalise in due course as more shares are traded in Madrid.

With regard to progress BKY are being very careful to ensure that all permits required are in place to commence construction/extraction before making any announcements. Once that is achieved they will be taking an investors roadshow to Spain to present to buyers and brokers.

BKY still looking to be the biggest post Brexit business tie up with Spain and the company hinted that both the UK and Spanish Government are very keen to see this come off.

My conclusion, hold and possibly top up at the current sp, as always do your own research and share it here.

Given I hold a small er stake in WMH that would be handy! I remain a long term fan of 888 but this year has been frustrating as it promised much yet here we are at 245p a share.

No tears, hold a reasonable stake here but do not like unexplained price differences on that scale. Name another quoted company where UK shares trade at a 50% discount to the same shares traded in the EU.

FT 13 July:

"The fly in the ointment – as if invocation of a bilateral trade treaty were not bad enough – has been the Indian treasury’s sale, for $216m, of part of the Vedanta stake Cairn says was unfairly seized. Cairn has cautioned that further sales are possible, but has been advised that the status of the seized assets does not affect the merits of its claims, the relief sought, “or the enforceability of the arbitral award”. However, the FTSE 250 group has flagged that the sale will likely force the impairment of the carrying value of the stake at its half-year results.

JPMorgan recently described the Indian tax dispute as “the biggest well” in Cairn’s programme, and it’s easy to see why. Combined, the bank reckons the Vedanta holding, dividend accruals and tax rebate could be worth $1.1bn to the group’s balance sheet.

We suspect Cairn’s chances of success are considerably higher than the average foray with the drill-bit."

I purchased a few after the latest profit warning and sp drop. Anyone think now is a good time to buy some more? Personally feel its no better than a weak buy because of uncertainty.

A couple of times this year I have contacted companies that I hold to politely ask questions. One was BKY and they responded quickly so will try again and ask why there is such a large price difference between the markets in Madrid and London.

If nothing else, investors need to know why there is such a large price difference and what BKY will do about it.

Maybe, maybe not. Would like to see this climbing through 5p on a steady flow of good news.

20% out of nowhere a bit strange imo.

Yep, they got greedy and should have made a sensible offer but STOB was probably in the midst of a boardroom coup when the bid was raised. Once Stobart have settled their problems then who knows? Bid or not I think FLYB under valued at these prices.

Hi Rob, nope seems nuts that the shares trade at such a wide spread between Madrid and London. I would be chuffed if the UK price rose to meet the one in Spain!.

Amer needs to drill and find oil asap to take advantage of this predicted oil squeeze, see below. Excuses about rain and local unrest is not going to wash for much longer with shareholders imo.

"Brent crude has posted its biggest monthly loss since 2016, dropping 6.5 per cent in July to below $75 a barrel after Opec and Russia moved to raise production and cool oil’s rally.

Although large by the standards of the past two years, the fall illustrates a wider split in the outlook for the oil price: while the market is suddenly well supplied after more than 18 months of falling inventories, one of the key reasons producers raised output in June is still hanging over traders.

From November Iran’s crude exports will be cut by the reimposition of US sanctions, creating a market that is facing a period of short-term oversupply as rivals rush to build up a buffer of stocks ahead of what could be a much tighter period ahead.

“The increase in Opec and Russian production to compensate for Iran well before it goes offline caught everyone off-guard,” said Amrita Sen at Energy Aspects. “[But] the loss of Iranian oil can really tighten the global market.”

Zzzzzzzzz No news, little trading and a stagnant share price. Why bother listing onto AIM in the first place?

To sucker idiots like me into buying shares you say?

See you soon Basil and thanks for the quirky insights.

OK, so having just got home and seen the RNS I agree with your view so why is the share price up just .14% rather than plus 14 or 24%?

Underwhelming reaction apparently from market makers....

This should be happening here!!!!!

(Sharecast News) - Ladbrokes owner GVC Holdings has set up a 50-50 joint venture with Las Vegas casino giant MGM Resorts International to capitalise on the new sports betting laws in the US.

The pair will invest $100m apiece into the new JV and said its formation would significantly increase the speed to market for both parties, lower execution risk and create "meaningful early mover advantages", getting up and running before the start of the upcoming NFL season.

In May, the US Supreme Court overturned the Professional and Amateur Sports Protection Act, a federal law that prevented states from permitting gambling on the outcome of sporting events.

GVC chief executive Kenneth Alexander lauded MGM Resorts as "the most trusted name in gaming", complimented the company's "pedigree and knowledge, particularly in the US" and said, even though MGM's business is hotels, casinos and conferences, it has "strong sports connectivity". Combining the MGM brand and local connections with the online betting technology GVC employs for its own Ladbrokes, Coral and Sportingbet businesses, "presents a truly exciting opportunity for US players and our respective shareholders", he said.

There was similar lyrical waxing about GVC's online betting expertise and existing US operations from MGM boss Jim Murren, who enthused: "With MGM Resorts' expertise and leading position in key markets across the US, this historic partnership will be positioned to become the instant leader in technology, market access, sports relationships and brands... Together, we are creating a one-of-a-kind platform that we expect will dominate the U.S. sports betting market."

Sharecast News) - William Hill: Peel Hunt upgrades to hold with a target price of 305p

"Investment is starting to flow back into the basin, with companies preparing to plough £5bn into new capital projects this year, said Oil & Gas UK, the industry trade body, in March. Wood Mackenzie, the consultancy, said it expected production from the North Sea to average close to 2m barrels of oil equivalent a day this year — the highest level since 2010.

The increased output, coupled with lower operating costs, has also helped boost oil and gas receipts to the UK government. Last year, the industry failed to generate any revenues for the Treasury, with tax receipts on production falling below zero. For 2017-18, however, returns to the Treasury were £1.1bn.

Rigs standing idle in Cromarty Firth in 2016 amid the oil price crash © Gary Doak
A new breed of oil and gas producer has helped to drive some of the renewed activity, notably a clutch of private-equity backed players that have been buying mature assets from big energy groups with the aim of breathing new life into them.

“Anecdotally, we are hearing things are starting to pick up,” said Kevin Swann, analyst at Wood Mackenzie. He believes the growing prominence of new players in the basin means there is more development drilling going on “which is extending the life of older assets”.

Despite the uptick in overall drilling activity, experts stressed it was from a low base. The lack of a full blown recovery in the UK North Sea is evidenced by how rig utilisation rates are still lower now compared to before the oil price crash.

“It would be foolish to call it the start of an upturn,” said Mr Robertson. “But there are definite green shoots.”

https://www.theguardian.com/uk-news/2018/jul/26/bookies-hit-jackpot-with-1bn-tax-rebate-in-fixed-odds-betting-vat

Good News for WMH.