RE:RE:We are on a RUNwhy does there gave to be a clear reason...is it not possible that...
The market has turned and gaming is back on the radars of the institutuions? Cannacord has been on the buyside everyday for the last 2 weeks and the buying is real - not the sloshing back and forth since we went live as ITX. CC did all the gaming IPOS back in 2014/15...they are dirt bags but the point is they are on the buyside and have been since move to the LSE slowly positioning themselves ahead of the other for profits...
ITX is the last of the three spinouts from Amaya that is still going..IGG was bought out and so was NYX, albeit they were purchased for less than the IPO in each case but consolidation is happening.
ITX means nothing now (FITZ and Co are a distant memory) - the shares are driven by Jackpot Joy going forward and the volume is geting better each day as the LSE institutiuons are seeing the gap vs their peers. JPJ has reiterated they will pay a dividend at some point lat 2018 / early 2019...and at that point the leverage will be much more palateable if not a non-issue...
Q3 on the horizon with more FCF and Q4 next which is always the best of the 4 quarters with the holiday season included...
I could go on but dont really need to...people are waking up and my gues is 900 JPJ and $15 ITX with mid November results OR we get buyout interest and my guess is William Hill...
Cheer up INV4000...my glass is half full and yours should be too, unless you dont own any shares...