RE: sp16 Mar 2017 18:09
totally agree
you just have to do the calculations from US revenue when you divide to a sensible EPS my working put the share at year low without adding Australia which in reading is below expectations
looking at 2015
In order to reinforce the Company's working capital headroom, the Company announces today that it has entered into an agreement to extend its £2 million secured second working capital facility with Andrew Black, a Non-Executive Director, announced on 1 December 2015, by a further £2.25 million to £4.25 million.
if I have read this properly the guy buys uk operations for peanuts and sells to betfair founder ?
not sure what springs to mind dickturpin or robinhood
I personally don't see how the sp can go where all would like but only the pros running the company have the answer but giving little away to grasp a good true valuation
need a blockbuster RNS to convince the stockmarket this is a quality company in the making and not just another aim cash burn for the bod
good luck all with no news since last year am happy to sit in the naughty corner to see what unfolds here