Nothing has changed if review goes well14 Jul 2023 15:32
Also……if the review brings up nothing,and 888 get green light for being due diligent and not accepting in a leadership team under investigation, surely this can only be a good thing? Someone else will come along looking at 888…..let’s not forget, these guys and FS gaming seen 888 as a prime takeover target , they seen a massive upside in this business and wanted to be a part of it. If the review passes by without any issues, nothing changes, if anything it just proves that they are not taking anymore risks.
They are on target to hit 2023 ebitda targets, so by 2024/25 for lth his share should be where we want it to be.
The fear in the market is from the review, if this is over quickly you will see a significant bounce back after that announcement