TSXV:NYX.DB - Post by User
Comment by
Investor4000on Aug 04, 2016 3:23pm
59 Views
Post# 25111347
RE:RE:RE:RE:RE:RE:RE:RE:Actually make that 4 buys this morning
RE:RE:RE:RE:RE:RE:RE:RE:Actually make that 4 buys this morningGobbleGobble wrote: Rebalancing portfolios. Likely a big shareholder getting out of NYX - maybe just the gaming space.
Gobble
Bingo ! Online gambling stock have been a nightmare for fund manager in the last 1 or 2 years or so. Canadian manager fund are exiting the SPACE and since NYX is very illiquid, we see exactly waht we are seeing today. Also, NYX,Intertain and maybe Amaya will eventually go on the LSE, that is a puzzle for fund manager also! Nyx (contrary to Intertain) will not show an incredible Q2 because of all the cost of integration for Open bet, so we at least need to wait till Q3 and fund manager are maybe not as patient as 2016 will come to an end. Nyx is at a minimum of 1 year project if not more. I'm waiting patiently
GLTA