SP is my main problem...For what NYX is and the potential the cie got for the future, NYX is way too cheap right now...
Stocksnbonds, I like your posts in general and most of the time, they bring balance to the board. I like your cautiousness and your awareness relative to the debt and the cost. I understand too that several investors are frustrated and underwater at that sp level...
But still, 1,26$/sh is way too low. What a nice opportunity new investors have to start a position in gambling environnement. Ok, everything is not perfect. We all know what the main problem is, but it's way too soon for judging. We have to let set the fondation. Need 2 or 3 more Q.
OB was a big bite, but it gives scale. It was the last vertical missing to complete the umbrella. OB is one of the best and there was a price for that quality. This is Matt' s vision and dream. We can now presume no more acquisition for the next 2-3 years. The long term debt won't be higher and the revenues will increase substantially with time and generating profits. NYX will be leveraged off...
Concerning a takeover around 3-4$, that will be sad, but I' m ok with that... 1,26$ to 4$, it's still a lot of money. Don't get me wrong, I dream a 20$/share in few years and I think this dream is realizable! That's the beauty of NYX. Still believe the sp is way too low for what gambling environnement can bring...
At the end of the day, 1,26$/sh is 0,5 BV, this is risk at it's minimum for a growth cie like NYX. If bankruptcy occurs, equity is what is left...Awards winner and good reputation in the industry. Several licences and new contracts in the pockets and a lot more to come with new regulation coming from countrys. The future is bright for NYX.
SP cannot stay at this level... At 1,26$/sh, I will averaged down again and again...
Stocksnbonds, with your experience in the industry, what's the worst case scenario for NYX?
Sorry for my writing, English is not my native language...
Thx.