The problem with takeover option with this company is that only Novomatic can do it since they already own 51% no one else would be interested unless they think they can buy out novomatic's share as well.
If you're in novomatic position you going to think I want this business but don't want to pay a lot for it. They already overpaid the first time to Len ainsworth. Why not wait let the current management screw it up some more like they have for the past 5yrs then come in when the share price really hits rock bottom.
Short term there maybe a bounce but in the long run I think it will continue its long term downward trajectory IMHO
The problem with takeover option with this company is that only...
-
- There are more pages in this discussion • 88 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
