Good pick up Moosie. I exited the building following the licencing announcement.
I think they spoke about dialing back expenses on the corporate bookie side of the business but even still they will be sailing too close to the wind.
Agree this is going to be tapping the market again shortly for sure.
Will keep on the watchlist waiting to see what happens on the licensing and cap raise front.
You would think they would need to sort out the first before they can undertaken the second.
Ann: Update on Ladbrokes Integration and Regulatory Approval, page-12
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