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Agreed happyzone, I think I pointed that out a few times as I couldn’t understand how the SP was dropping with the size of and value of the buys that we’re going through

However what’s happening the large volume of really small value trades? What’s the benefit off that?

I think something has to be brewing behind the scenes …..it’s moving up steadily again day to day, and this is what happened back in July when there was serious interest in the company by FS gaming.

Could we get back in the late 90s before Christmas? I think that would be a great result

When this share starts moving up, it gains traction quickly and moves up at a rapid pace.

Only have to look at the last time it dipped to the 70s how quickly it went back up over 100p.

Maybe this news being put out there now even though it happened back in July is a smart way of stabilising the share price and highlighting to new investors that this is a share that has potential for a takeover

It's unbelievable that new CEO came in, and they turned this bid down....and after that he spent near £2m of his own money buying shares.

You'd have to imagine he feels that this business is worth more than the bid, and he is hoping to double his money.

I'm a bit confused by all of this, and how the news on Saturday moved the Share price while the markets were closed?

Can anyone explain how that happens?

On Friday did it close around 78/79p?

How does it then drop over the weekend? Genuine question.

Also the bid of 156p was probably when it was around 110/115p........so it wasn't much of a premium on the share price at that time.

Any bid now would obviously be considerably low....so maybe us LTHs just need to hold on until the share price rises again and hope for a bid from DraftKings.

Thank you trout

Correct me if I'm wrong......but does that not still mean that someone bought a million shares? The trade still happened,

UT = trade where buyers on the bid and sellers on the ask match together in a single trade, such as at the end of an auction period.

So someone was prepared to pay £1million?

How does buy of £1m last night make the SP move up to 74p this morning, and then suddenly its back down to 69p.

What is happening?

Has anyone got a link to a recording of the presentation?

I couldn't listen to it live due to work commitments, but would like to catch up on it.

This drop in the last week, and more specifically the last two days makes me think news is coming.

There are so many big investors who have bought significantly huge amounts anywhere between 90p -100p.......so they will be suffering a lot more that my small amount in comparison.

I would still really like to see some positive sentiment shared though.....but i expect something negative is coming again based on this drop

I did genuinely think the results were built in, but i guess this morning has proven otherwise.

Winnimanadala - I wouldn't use this as a indicator of future performance, the fact that a CEO might not want to ruin his reputation and join a sinking ship.

This CEO role is an advancement / step up in his career from his previous roles......therefore the carrot for MR Cheek would have been a significant increase in pay, and also the opportunity to have CEO on his CV in the future.

regardless of performance.....he can easily say the ship had sailed by the time he joined, and it was an impossible challenge to turn it around.

But still collect the guts of £100k to do so.

Not even one mention of anything sold in their statement in terms of numbers.

No attempt at any positive sentiment.

All pretty negative …….and serious questions need to be asked about cash burn vs performance.

There’s a sales team who bring in nothing but get paid well every month.

There’s a CEO who gets vastly overpaid every month and who’s main job is to help grow the share price yet doesn’t speak, or doesn’t share any detail of anything positive

In my opinion these guys are all just here to rinse a wage and move on.

It really is poor form, and this company should have achieved so much more with the products it developed.unfortunately now it looks like we’re all out of pocket and the people who work here in positions of authority are comfortable with that.

2 years ago any normal business model would not have continued with this business model and crippling costs…..it should have been addressed then.

Just seen two trades ( sells on LSE)

One at £21k, and one at £11k.....very late sales.

Hopefully this is not a sign of what is to come tomorrow.

In fairness, today has been a great rise.......not often you gut 100% + rise in a day.

But as someone has alluded to earlier, if you bought in at 3p, and the SP went down to 0.77p, then today's rise isn't going to get you your money back yet.

Hopefully in time it will, but I'd say there was lot of people stung when the SP went 3p+ and majority on this board were saying it would be 7p by the end of the week etc..........within a week it was below 1p.

Remember if the challenge of investing is that if your SP drops 50%, you need a 100% increase to get your money back.

Yip....there's the crash....not sure how people were selling this as a positive?

Does this not lead to SP price going down...with more shares issued?

I agree with these points also.....and still feel that should be the target SP.

However, it is concerning me the level of drop over the last few weeks.

When does the gambling commission review come through? There hasn't been much noise about it.