RE:RE:RE:LSE listingTell me if I'm out to lunch.
1- it was genius for them to to the currency swap on USD debt. Sets them up to be able to convert debt to sterling. Debt and majority of revenue would be in sterling. No currency risk
2- listing on LSE would enable them to report in sterling. Eliminates fx risk on reporting.
3- listing on LSE places them within some of the largest gaming companies in the world. Sets them up to be acquired or merged
4- LSE provides more analyst coverage & higher multiple
5- focus on earn out issue to eliminate uncertainty of this payable
6- continue to surpass earning estimates.
It's all good