Hugely undervalued share2 Jul 2023 21:52
Quinnbet is a gaming website based in Ireland .last year their turnover grew a staggering 97% with profit of £2.2 million ,the business has grown year on year since its inception in 2016.webis is operating much longer and just trundling along steady turnover nice website but mundane..the reason for qiunnbets success is threefold fantastic incentives for the punter 1. 25% cashback of previous week's losses as a free bet 2 totally innovative and easy to navigate website. 3 great daily bonuses on horseracing and casino freebies to the regular punter. The UK gambling market is being strangled by intrusion and affordability checks on punters. The USA is the next big fixed b etting market .if quinnbet could get their hands on this company and integrate their strategy within the current webis website results could be stratospheric .webis currently own licences in numerous states and of course California would-be the icing on the cake. So what's webis worth I think Jim Mellon who owns 65% of share reckons he will get 50p per share that won't happen share and licences are 12p a share no more ,and Jim if I'm wrong take the company private at 10p and prove me wrong I would love to see quinnbet progress into USA market but anyone could sneak in here Fred done Denise Cotes or anyone else with the wonga a great time to step in with a bid with shares at a paltry 1.4p just my take from a man on the street an average Joe dyor all respectful comments appreciated