Winter is Coming!
- Mar 31, 2005
spearmaster said:Actually, I'd like to see the shares drop further as well - then I would personally fly into UK and find a way to get a trading account.
Not to mention paying Simmo a few quid for a lost bet.
That said, I cannot understand why Partygaming have done this. It doesnt make sense Revenue and profits are up, yet they have forecast that it is going to be hard to sustain. The only reasoning I can explain they have done this is to put a spanner in the works of Cassava's upcoming IPO - by reducing confidence in the Online Gambling Sector in the City.
Most of the main shareholders have cashed out from the Party IPO back in June so no doubt they are not worried that the shares have nosedived as a result of this inept statement to the City.