Member Info for SmoothOperater

Overall, the report indicates that IAG is performing well financially and is optimistic about the future as the market will see.

The Capital Group Companies, Inc. increased to 6% from 2%

Coinciding with the BetMGM RNS , they liked what they see and bought what they liked !

Bravo, anyway this is increasingly looking like a good candidate for a takeover and well worth the potential risk.

Share price looks to be slowly recovering.

Pull back over back to business !

Looks like just a pull back expecting the shorts to continue to get burnt here!

Bit of an over reaction by the market

Cats out of the bag now !

Entain owns a 50% stake in the sports betting and iGaming operator BetMGM. This performance directly impacts Entain's financial results and overall business prospects.

The positive update from BetMGM, which includes net revenue from operations of $944 million in the first half of 2023 and positive EBITDA for the full second quarter of 2023, Indicateing that BetMGM is making progress towards profitability and is experiencing strong growth in its operations.

Litigation put to bed has definitely cleared the way for takeover talks.

August should be a good month here.

Amazing what an extra £200m does....

I don't see a near-term resolution for shareholders.

The purpose of the short term adjustments was to create a stable period for the company to manage its financial pressures and work on a solution for the bond that is due in September 2024.

Joined the party cracking update !

Deltalo, yes he did say that but the share price was considerably higher then I believe.

June 7th RNS: Suggests everything is on the table (c)

The Company has also engaged in preliminary discussions with an ad-hoc group of bondholders representing c. 40% of the bonds. The purpose of these discussions, which the Board views as constructive to date, is:

a) to secure pre-emptive waivers of potential covenant breaches

b) to agree measures to enable the Company to withstand short term consequences of recent gas price developments

c) to explore the most effective means of addressing the maturity of the bond in September 2024

13.8 mmscf/d

Ive been shaken out here

Patience pays, I bought in after the drop here

Perhaps that's their MO?

Bondholders are creditors, so they don't need to become shareholders.

They could renegotiate the bond terms and then sell them on a secondary market for an instant profit.