TSXV:NYX.DB - Post by User
Post by
stocksnbondson Jan 11, 2017 9:10pm
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Post# 25697230
Great post from AYA board-- Thanks to Lordy1
Great post from AYA board-- Thanks to Lordy1https://www.stockhouse.com/companies/bullboard?symbol=aya&postid=25697034
This is a perfect example of what happens when debt is not brought under control.
AYA having major issues due to debt at this point.
By the way, OB will be the major driver of revenues for NYX. It simply needs to be paid off starting now with profits while times are still good. I suspect over time, OB become much much greater than casino, NYX old bread and butter. Currently it's about a 55-45 split with sports>casino+lotteries+poker. OB also brought in a new poker vertical, hence the reason high cost OnGame was able to be set free thank goodness.
I wish AYA well. It's one of our best customers and a major investors. Looks like it's trying to get out of a really bad situation. NYX should learn. Intertain soon to be JackpotJoy is in a very similar situation as well with it's huge takeover of JPJ. Shareholders will be diluted in a massive way. Financing will take place at anytime.
Good luck all,
sb