GREY:FUNFF - Post by User
Comment by
Doozeron Dec 14, 2020 9:55am
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Post# 32098749
RE:RE:Caught my attention
RE:RE:Caught my attention Personally, I think that may be too optimistic. Taking out intangibles these folks have a P/B of 19 and I expect they will continue to lose money for a couple of quarters before things turn around...which I fully expect will happen. I think the SP already has the UK license, associated future improved McBookie margins, and multiple future RNG games and casino aggregator contracts baked in to today's share price. Longer term I think they'll hit that price target, but not sure they can hit that in 1 year. There's also multi-year options and warrants out there that can be exercised at prices much lower that today's SP.