Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Aswell as the piece in the Mail,there was a article in the Telegraph.Andrew McIver stands to recieve 2.4 million,if he leaves the company following its sale.This figure is made up with 2 yrs salary,bonuses,pensions etc.This amount is in direct contravention of the uk corporate governance code.As the code stipulates notice or contract periods should be 1 yr or less.Looking on the bright side,he will be putting all his weight behind a takeover.
Is there anybody else out there.Or are you all bored with this saga.....
Trying to look on the bright side,its only 3 weeks and not 4.WMH/GVC have until December 4th.......
Just been confirmed by Reuters,that WMH/GVC are to be given a further month to put in a formal offer for SBT.Surely the chances of a counter bid are now deminishing..........
Peice in the Financial times saying will/hill/Gvc will ask for a further extention in their bid to buy Sbt.It seems Gvc are the ones needing more time.Also it says that progress is being made.Futhermore Wmh will take on the spanish operations as well as the Austrailan ones.It also says a counter bid is now unlikely but cannot be ruled out.
Thanks for the reassurance...
yes,if i remember Michael Sampoernas interest sent SBTs share price up to around 43p from the mid 30s.And he clearly has*nt gone away,I like you have decided to hold my 41,000 shares,but i must admit i am getting a little twitchy;as this situation is too close to call.
Trenners,do you have anyone in mind?Because i cant see WMH/GVC offering anymore than 65p tops....
Just read article in the express,with Numis saying WMH/GVC will not get close enoughto SBTs price ambitions,and may just walk away.......Surely SBTs BOD,wont push the bar to high,
The big 2 questions for me are,who else is seriously interested in SBT.And if WMH/GVC were to offer 60p would it be accepted.Because it now seems clear that no one else is ready to make a move,
Many thanks for your thorough answer.I had a fairly large sum invested in 888 since 2010,and when ladbrokes pulled out of their agonisingly long drawn out bid,i moved my money to SBT.And yes Ladbrokes went and did exactly the same thing to SBT.So heres to 3rd time lucky.I feel this is far from a one horse race,and a very exciting few days to come.
Is there someone out there who could help me with my question..........
Can someone please answer a question for me.Can another interested party put in a bid for SBT,before the 16th,or does everyone have to wait until WMH decides what to do.Many thanks
share price increase has already been built in,with the news recieved 2 weeks ago.I was hoping we would hear today that 888 would be reinstating the dividend,which i would have thought they could now afford to do.This decision is just what the sp needs right now.....
Nice steady rise today,market must be expecting good news tomorrow.I hear there was an artical in the Times indicating that Brian Mattingley would be given the CEO position on a full time basis.Due to the first rate job hes been doing on a temporary agreement......
I see Ryanair have signed a deal with 888,for 888 to supply poker,casino, and sports betting accross the ryanair flight network.Another positive move for 888,as around 500 million people visit the Ryanair website each year.And as we all know it dos"nt take long to get bored on a flight..........
Great set of results,exceeded expectations says Brian Mattingley.If this fails to move the sp north nothing will.......
I see in the times today there is suggestions that Glynn (in the bin) should resign over his handling of the takeover debacle.Having given 888 the runaround for 3 months,he has now done exactly the same to SBT.Surely this mans credability has gone through the floor.
just read a small peice in todays mail.Which i have to say has left me shocked.Andrew MCiver Sbts chief executive said if the ladbrokes deal goes ahead,he is not so sure that Sbt would be any better off.What does he mean by that.Is there a hint that the bid is not that high,does it mean that after yesterdays results Sbt can easily go it alone.I think its a very strange statement to make bearing in mind we are supposed to be right at the point of doing a deal.This makes me question wether a deal is in fact on at all..............Any thoughts.
Playtech have put off a decision on dividend payments,so as to conserve cash.Because they are currently looking at possible Takeovers/Merger opportunities.Please,Please god let 888 be in the frame.Nobody deserves good fortune more than 888s battle weary investtors,