AGI 4.55% 92.0¢ ainsworth game technology limited

Ann: Release re Share Transaction, page-10

  1. 284 Posts.
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    I saw this link a while back but didn't think it would be material... guess it makes sense now!

    I like this part too which will hopefully help with game development and future sales in Europe.

    "Novomatic has further indicated that it supports AGT’s strategy to build a larger, diversified and more profitable international game technology company. Novomatic plans to provide significant game development and other intellectual property to AGT and work with AGT on a global distribution and marketing strategy after completion. AGT is excited by this prospect and will work with Novomatic on the details and execution in the coming months."

    Don't think we'll see our share price jump to $2.75 but this news will fuel market speculation as to whether a full blown takeover will happen in the medium to longer term.
 
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