TSXV:NYX.DB - Post by User
Post by
GobbleGobbleon Aug 18, 2016 1:05pm
156 Views
Post# 25154796
Pretty simple stuff here
Pretty simple stuff hereThe analysts are unclear how to value NYX at this moment given the acquisition - they do not truly know what OpenBet revenues are yet. When they see the OpenBet revenues for a little over a month they will then have a value they can use to make estimated valuations. They also need to look at the share dilution from the acquisition.
The insight into Q3 from Matt Davey will be great as well - give the analysts a little more confidence moving forward.
Plain and simple.. the company has built their product portfolio in all the gambling verticles. Now its time to find efficiences, synergies, and cross-sell to grow organically. This company is just getting started. We get onto the TSX and we're in business.
gobble