Post by
PrivateEquity1 on Feb 03, 2016 12:10pm
Lots of issues with this play now
Share structure was not good post merger but the Fantasy Aces management run a very good product and were bigger than DraftTeam so for old DFS shareholders it was hope. Problem is that the share structure is getting worse and a roll back is rarely what you want to see. I had more faith that Frisina and crew would have been more effective in growing their market share. Yes the growth numbers sound good but in a relatively young industry they could have achieved a lot more. We've hit .015 and expect it to stay under .025 and as low as .01. Not dead, but they need something huge to get them to .10-.15 a year from now.