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NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB



TSXV:NYX.DB - Post by User

Comment by JimTorontoon Nov 01, 2016 4:54pm
165 Views
Post# 25412490

RE:Insider trading in TMX

RE:Insider trading in TMXHe purchased 20k shares before Q2 release, and the numbers of Q2 are good.

His purchase before Q3 release should be a good signal, because he is the CFO of OpenBet.

The beginning of Q3 is the last stage of Euro 2016. The following is from the comments of the CEO of Unibet, a customer of NYX. If both betting and gaming are fine, then Q3 numbers should be good. 

"...... the Euro 2016 which provided a new all-time high in customer activity and
continued strong growth. Margins in the tournament were significantly higher in July than in June. If the margins had been consistent across the tournament, then Gross winnings revenue for the second quarter would have been around GBP 3 million higher"

“In the period from 1 to 24 July 2016, average daily Gross winnings revenue in GBP has more than doubled compared to the same period in 2015. Adjusting for the unusually high margin on the final stages of the Euros, the impact of exchange rate changes and acquisitions, the organic constant currency growth is close to 50 per cent,” says Henrik Tjrnstrm, CEO of Unibet Group. 

JimToronto wrote: On October 28, it was disclosed on TMX that 7,800 share were purchaed by an insider.

Today it is disclosed on SEDI that Rowlands, Colin purchased 10,000 shares at $1.55 on October 28.

 


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