What is a concern to me is the timing of (IF) the "spin off" of ACE, if its after the Court resolution then do Itochu get the further 25% of shares in the "newly listed ACE" ie vwap in ACE or is it entirely in AGS from the finished litigation.
Think about this if they list ACE as a seperate entity, which Company would have the higher share-price, post the legal action.
IMO ACE! I'm not buying anymore shares in AGS until I get some clarity on what ACE means as far as any listing as a seperate Company, because I want in ACE and many others would to.imo.lol
Until then I dont see any move into AGS's share price.imo
Md
AGS Price at posting:
21.0¢ Sentiment: None Disclosure: Held