Member Info for Newuncle

£20k Buys v £2k Sells may not sound much but this is a relatively low volume share.

+ another buyer

+ more buys

Still less than £1 to buy but not for long at this rate

++ Volumes

+++ BUYing

Moving UP with buys

I know, we all were expecting confirmation of Lottery Division disposal to be confirmed by end of last week as per guidance issued previously by the company. We know that the company has received an offer for the Lottery business already so we wait to see if the parties involved have agreed terms or not, of course they may have received enquiries from others as well?

Early buying which is nice to see for a change instead of the usual early sellers. MMs sat on their hands.

I'm sure many are watching and waiting for the next update here. Not long to go imo fwiw.

Looks like Mr50k isn't done yet.

I did show that the 12 month chart suggested this would be the bottom a short while back.

Not exactly rocket science I know.

Now we wait to see if the seller still wants out or not?

Wacca,

I already had treatment from andycrap before so nothing new there.

Easiest way to play this now is to forget the last 12 months.

Look at DVRG as it is now at 20p with an MCAP of £44m and revenues of £10m for 2021.

Lots of potential upside from STC, PD, Labskin and BT (ie incomes for 2021 have mostly come from Labskin).

Only down side is the lack of news flow matched by large volume sellers to date.

If you were looking forward to 2022 what revenue growth is needed to see the MCAP go up 50% from here?

If £10m can support £45m, could £20M support say £90M or does DVRG need £30M to support £90M and how will it get there?

For 2022 Perhaps
Labskin £15M
STC £5M
PD £5M
BT £5M
Total £30M

Is the above too little or too much? Please feel free to update/amend and repost.

From 1 October

Following the conclusion of the analysis of the lottery administration business announced on 1 September 2021, after which various options were being considered, the Company informs shareholders that it has received an offer for this business, which is currently under review by the Board. A decision on this is expected to be taken within two weeks.

Lottery disposal news should be released this week

MMs on a mission.....need cohanas of steel to watch this but we have seen it all before here. This a very volatile stock as MMs have sol little free shares to play with so they will try to shake out as many as they can ahead of the next update.

Looks like the T Traders are exiting which is to be expected, they never stick around for long and £1 was always going to be tough nut to crack so some resistance at this level short term.

So much news to come here and in short order.

What did I miss over the weekend?

Wow lots of trades hitting the screen now, is Monday going to be the day?