AGS used a significant amount of (our) funds to pay for two separate valuations. Both valuations would be deemed a considerable amount more than what the Board have accepted, why the fcuk haven't management proposed to SHs about buying back the 75%?
We'd be up for around $220m to buy their (H/Q) share for, which let's fact it, they (BBs) would be making a tidy profit from that.
AGS Price at posting:
10.5¢ Sentiment: None Disclosure: Held