NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

Sold their souls to get the deal done

[TheShepherd]

Wow! I mean, who knows how they negociated, and what we would have done in their position, but this will be a tough pill to swallow for some investors short term. GLTA.

[maypeters]

would be indeed though I am sure when they started negotiating on the PP - the price could have been lower than $3.25 (maybe $3 or $2.90). Either way the underwriters will make out as bandits. CEO owns 35% of current float so I would assume knows what he is doing.  May turn into a decent buying opportunity because traders or short term investors may sell out

[retiredcf]

Management knew perfectly well how this news would affect the SP short term but they are obviously convinced of the excellent long term potential of the combinved companies.  As the saying goes, short term pain for long term gain.  As mentioned, the daytraders are out of luck but investors should be well rewarded in the next couple of years. It will be interesting to see how Eric Nuttall

[UppersDowners]

The bought deal was too low and shows how hard it is to get money in the gambling arena. If Nuttal thought this was a steal of a deal before the new aquisition he must think it is a great deal now only if you did not buy over $3 but it will come back.

[stocksnbonds]

IT's an accretive deal so the price will bounce back.  This deal will be good going forward. The PP is on the lower end but remember that we were lucky on previous PPs i.e. price dropped after the PPs closed. The company will be in a much better position as we will finally have all major verticals available for licensees. Sportsbetting will be a cash cow in Europe. Having PaddyPower, W.H.