RE: Into auction27 Jan 2026 09:03
I don't think anything has changed since last week when we were sitting at 30p.
They had their strongest quarter of the year in Q4, revenues were up 2% ( and I think - correct me if I'm wrong, revenues were up last year too)
Italy and Denmark are beginning to perform really well, and their ebita was 20% in line with projections.
The result of review on how they reduce the debt, sell the business, or mitigate the taxes is the only thing that should be having a major impact on this share price once we receive the answers to that.
Every time this business has a ' just okay ' update, or even a remotely negative update....there is a huge overaction and a lot of people jump on here and have the doors closing.
I think we are in the same position as last week when there was 15% increase to 30p. nothing has changed? The board and senior members are all still in deep at prices well over 50p so they have to work to a solution where they can get their money back hopefully.
They have brought in respected financial advisers to guide them in their review.
The taxes don't come into play until April 2026 so they have a bit of time to make a decision on what's best to do, and they have a World Cup year this year too.
Sports results have been positive for bookmakers this year to date, and Per mentioned they have had a strong start.,