Post by
petrofac on Jun 05, 2017 9:51am
I expect, and others do
and unsolicted low ball takeover offer in the $1.50 range. Just wait and See, Canaccord believes it too. All the signs are here, the tree is shaking, grabbing the shares.
" NYX Gaming may be an M&A target. NYX Gaming trades at 5.1x 2017E EV/EBITDA, which may make it a target in an industry trading at a peer average of 11.7x 2017E EV/EBITDA. There was reportedly significant interest in OpenBet from strategic and financial buyers. Given the low valuation, we would not be surprised if B2B operators were not having conversations internally about a potential offer"
Comment by
Juniortrad on Jun 05, 2017 10:17am
Ithink that $1.50 is a bit low. Didn't open bet acquisition costed about $3? 1.50 is my weighted average. Not good. GL
Comment by
Juniortrad on Jun 05, 2017 10:39am
For you Eliesse that has been waiting for a takeover since you joined this board - Not for me - I would be happy with $3.00
Comment by
Mastermind28 on Jun 05, 2017 10:51am
Anything between $2.50-3.00.
Comment by
Ellesse on Jun 05, 2017 1:25pm
Juniortrad....... Don't dream that we will get the offer $2.75 - $3.00.... I say $2.00 deal if we are Lucky...