Gan Share Discussion Threads

[john09] 07/2/2023 17:03

Did he? He bought and sold already at a profit

thanks

[molatovkid] 02/2/2023 14:59

At least GAN are making moves....South America, now Wynnbet....patience wins out.

[mylands] 02/2/2023 13:25

Let's hope this news helps to underpin the recent upward trend.

[festario] 01/2/2023 15:53

Despite over two years of pain, I genuinely do not think this is an actual uptrend.Chartwise it looks toppy to me, at 2.35, and I believe it will turn downward again.

[john09] 01/2/2023 15:24

Rivaldo

EVERYTHING is going up from extremely depressed lows.

[largeronald] 01/2/2023 14:59

We'll see what happens in 2 weeks...

[rivaldo] 01/2/2023 14:54

The uptrend continues....whodathunkit?!

[molatovkid] 30/1/2023 17:56

Last I remember, a certain someone, bought at $20 and then it tanked.

[john09] 27/1/2023 16:16

To all new posters

Please do not turn up here for a quick buck or two (which would be a 50 - 100% gain)

Only show up if you are happy to hold a stock losing 95% of its value for 3 years

Thanks

[john09] 27/1/2023 16:08

3 years on. You remain firmly ADVFNs number 1 twerp.

[john09] 27/1/2023 16:02

God forbid someone actually makes a quick buck or two

[mylands] 27/1/2023 15:13

Let's hope your eyesight is NOT deceiving you!

Don't ignore the very low volume, 73k today, it could just as easily move the other way with some sellers taking the opportunity to cut their losses, or even make a quick buck or two.

[john09] 27/1/2023 15:11

Back in . After selling at $26

Nice bowl

[rivaldo] 27/1/2023 15:00

My eyesight must be deceiving me - is that an upward trend developing? :o))

[tomv33] 17/1/2023 16:09

GAN launches I sport in Mexico, will boost further revenue and profits. Down 1%.

[coyy] 14/1/2023 14:58

Thank you rivaldo for your valued comments. I agree with you that long term GAN could be a big winner.

We all know that Stock Markets can be inefficient and I sense that Gan has serious potential at the current price.

[harry the haddock] 13/1/2023 18:18

It's always worth keeping an eye on Stocktwits thread on GAN hxxps://stocktwits.com/symbol/GAN . There's helluva lot of idiots on there,but you do get quite a lot of useful info. I think that it's generally accepted that $3.50 would be a fair valuation of the company, without taking into account future prospects

[daveme] 13/1/2023 17:11

Hi rivaldo, does not the $42M of cash also include the $30M loan GAN took out? I've always assumed it was included, hence making the cash figure not quite so rosy.

With regards the uplift in the share price, I put it down to the fact GAN is clearly worth more than $80M and the market has finally begun to realise it. They felt it wasn't going to go much lower than $1.20, hence it was time to get back on board with small downside risk and massive upside potential.

The ex-CEO of CoolBet clearly thought so with his judicious purchase in the $1.30s. His view is that CoolBet alone is currently worth $400M, i.e. 5 times the current $2 share price of GAN.

[rivaldo] 13/1/2023 15:27

Hi COYY. I'd love to be of more assistance, but frankly I've got no idea!

The m/cap here is now only $85m or so, which given valuations in the USA is peanuts, and GAN had almost $42m of cash at the end of September's Q3. The share price does seem to be on the up - now through $2 - despite Q4's guidance being suspended.

Short term trends will presumably be influenced by the "wide range of potential outcomes" possible from Q4. It looks like the World Cup broke all records, so perhaps the Q4 outcome will be favourable?



Long-term I still believe GAN could be a big winner, certainly from here! But Smurfit still has to prove he can bring in profitability and consistency without banana skins.....

[coyy] 12/1/2023 18:00

My sincere thanks to harry the haddock for a very clear summary of what has gone wrong at GAN over the last 2/3 years.

The post from molatovkid is useful as it certainly suggests that the ex Coolbet CEO sees value in Gan.

Rivaldo I would love to hear your take on the share price which seems as if it might have bottomed?