Inspired Gaming Share Discussion Threads

[dilly4] 10/11/2009 14:24

Can anyone explain to me how companies like this that go into consolidation survive on the LSE?Is it just a bunch of new shareholders who don't know about the past investing blind?OR companies making a quick buck at the shareholders expense.

[someuwin] 10/11/2009 13:52

I don't think he's done The Research properly on this one - lol.

[peterboroughmatt] 10/11/2009 13:44

But an offer would leave nothing for ord holders as it stands Poppa, we already know that

[hoolers] 10/11/2009 13:14

yep over on iii as englishrose2, same posts

[dilly4] 10/11/2009 11:19

don't ramp a turkey - eat it ,it tastes better.

[prewar] 10/11/2009 09:27

Keep ramping it poppa, lets face it INGG is a dog

[hoolers] 09/11/2009 19:22

Judging by the following from the RNS, a few significant people would have known about this and sold off contributing to the fall in share price over the last week or so...

"Following discussions with certain of the Company's larger shareholders, the
Board is recommending that the Company's share capital be reorganised"

[overeager] 09/11/2009 14:35

If I'm right, the pref shares are redeemable at 10.4m so the latest indicative offer was for less than 10.0m. meaning that after the re-org the ordinary shares aren't worth more than 1p - watch out IMHO.

I don't hold here - just had a look out of interest for a potential investment - not for me though after looking!

[dilly4] 09/11/2009 14:14

this looks like 5p ...

[madmadscorpioman] 09/11/2009 14:00

Jumped at 10p this morning after seeing that rns, put my money elsewhere into a smallcap making a profit and paying a divi and glad i did

[dilly4] 09/11/2009 13:36

i can see the share price on this deteriorating further this afternoon.i got out.

[dilly4] 09/11/2009 13:32

it just show's how hard it is to make a killing with small caps - never going to happen.

[andrbea] 09/11/2009 13:26

only hope for ord-holders is that their 10% combined stake in the new animal increases in value if and when the predator decides to push ahead, now that the shareholder structure is simplified.

nia dyor

[dilly4] 09/11/2009 13:21

it's a case of jump ship or ride the waves,think the ord holders will be shafted if they stay in now!!!!.the share price on this won't recover now.feel sorry for the people who bought at 10p+.I still made on this, but down a few hundred now."retirement now back on hold".

[hoolers] 09/11/2009 12:42

Shares in Inspired Gaming (INGG.L) tumble 25 percent as investors desert the stock after the company proposes a share capital reorganisation, which Hoodless Brennan says offers little attraction for ordinary shareholders, and therefore keeps its "sell" rating.

"The reorganisation would give 90 percent of the new issued share capital to the preference holders, while existing ordinary shareholders will hold just 10 percent," the broker says in note.

"Why an ordinary shareholder would support this is hard to see," it adds.

Inspired Gaming, which is the subject of a bid approach, says the reorganisation is necessary as the company's existing capital structure is too complicated and contributes to the low liquidity in trading.

Hoodless Brennan says the preference shares are a barrier to the group being sold.