RE:RE:Not selling until London closes...Who cars anymore about us investors? This is now going to be on the RIGHT listing for gaming stocks, the LSE. We have said for years now that with such low coverage of the gaming industry on the TSX and Nasdaq, we simply could not get analyst attention here yet. The LSE is a much more developed environment for gaming stocks.
With a prediction of 140million GBP in savings and 50% accretive EPS in 2021 (the first full year following a merger), this puppy has not yet seen its height by a long shot. You'd be crazy to sell now.
Most of us have been very "bitten" by the lack of Stars able to reach its true value because in part of the poor promotion of the stock. This move means we are no longer beholden to US stockholder lack of focus on the sector. And the LSE is down today, so imagine what happens as this deal gets closer to execution. Plus now bring the users of FanDuel into PokerStars Poker and Casino in the USA. It's just a great deal for all...