Hi Cloudstreet
The way i see it at the moment,
AGI is gaining market share.
Len obviously has many contacts in the Gaming industry. He's been there and done it all before, there's no substitute for that amount of experience.
He has a group of experienced gaming specialists on the board.
The board has just appointed someone with M&A and a corporate law background.
The licenses keep rolling in which in turn should convert into increased revenue.
I can't see a tilt at All anytime soon as they don't have the coin. We're talking about a 2bil + tilt.
I think the stock will be re rated and coverage commenced if the 3 quarter results continue to show improvement and the yearly results confirm a substantial return to profit.
What I do see happening is increased institutional interest and possibly some cycling out of ALL into AGI. Agi's gain = ALL's loss.
Once some runs are on the board and the cash starts coming in then we might see the speculation return.
GFC is abating all be it somewhat subdued. So we should see a steady increase in sales.
I held quite a few before the New jersey Approval.
They jumped from the 30's into the high 90's from memory in three days.
This time the sp is increasing at a more realistic and sustainable pace.
All in all I'm feeling more comfortably after the recent ann.
Cheers and all the best
Hosh
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1 | 3500 | 0.735 |
2 | 2297 | 0.730 |
1 | 4166 | 0.720 |
3 | 3569 | 0.700 |
Price($) | Vol. | No. |
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0.780 | 13998 | 1 |
0.800 | 44978 | 1 |
0.815 | 3500 | 1 |
0.820 | 35000 | 1 |
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