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Bullboard - Stock Discussion Forum NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

TSXV:NYX.DB - Post Discussion

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Post by Carpenter72 on Aug 25, 2017 12:55pm

About Davey

Ok, maybe Davey is not the best person to lead that company financialy speaking but he knows the sector very well. He so much involved in the cie with 10-12 % shareholding and underwatered since the last 2-3 years that he won't let this ship in bankruptcy. He won't let 10M$ maybe 20M$ of his money going away like that. Something gonna happen before that scenario considering NYX is a good and recognized product in a merging industry. He knows the value and the potential NYX having. 

Several times, Davey spoke about SCALE. He wants that SCALE to capture bigger fishes and gain market share. For that, you need workforce and the best product to become the new Playteck in the industry. A leader and a reference with a good reputation...Lots of RD is setting right now for that opportunity...

Gambling industry is a lot of cash potential and NYX is positioning itself to catch that money (with OB).  

The world is getting more and more regulated with time. US is just about. China, India... That's a lot of SCALE... But everything is still in its infancy.

That's probably what Davey is seeing right now... Hope so... Who knows in 3-5 years...

GLTA
Comment by onward1 on Aug 25, 2017 2:59pm
Carpenter, someone like Davey would be much more suited to being VP business development or head of regulatory or product management. He is not CEO material. To be CEO of a public company you should be well aware of market expectation, build shareholder value/increase shareholder total return, operate efficienty, etc. As for growth and scale, just look at what happened to gold companies like ...more  
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