Webis Share Discussion Threads

[howdlep] 11/6/2020 16:06

yes indeed. Now classifying a 2.63p buy as a sell. However, now NT to buy again. All good fun watching this play out!

Update: now 2.61p to buy. That too will appear as a sell. They really do need real sells!

[oldbronze] 11/6/2020 15:55

Looking so good here !

[howdlep] 11/6/2020 15:53

ah now they have adjusted the bid to 2.56 but upped the ask to 2.68p!

Lets see how that aids the MM's. I suspect if we still have that worked buy the bid will rise soon enough.

Update: yep now bidding 2.6066p

[howdlep] 11/6/2020 15:48

can someone look on a trade screen other than advfn and see whether that last 200k sell @ 2.5p is today or yesterday, because the sell price is still 2.6p and NT to buy with HL?

TIA

[howdlep] 11/6/2020 15:31

Currently you can sell at the Ask.

There is clearly a large buy order being worked.

Online NT to buy.

[bean02] 11/6/2020 15:30

That's what I'm being quoted. Tone down the angry poster urges. :) or don't. #ignored

[howdlep] 11/6/2020 14:20

Just waiting for a buyer...

This from the Interims of 26/2:-

Summary

We are pleased with the overall progress of the Company. We have restructured the business and, as a result, it is more balanced and generating a much-improved margin. We will focus on this key priority going forward.

In terms of strategy, the Board are very aware of our key assets, namely the securing of our licenses in California, especially the long-term agreement with Cal Expo. There are still many hurdles to be overcome, and the next six months will be very busy with the potential for impending legislation and selecting partners. One thing is for sure: licensed Sports Betting is coming to California, and we hold a critical asset in the State Capitol. We are very aware that there is likely to be a stampede of commercial interest in gaming in one of the largest economies in the world. We will keep shareholders fully informed of progress in this area.

[bean02] 11/6/2020 14:17

Nowt available :)

[trentendboy] 11/6/2020 14:11

Looking like it - daily moves can be scary at the momentKey is that it is still very much under the radarTo be valued below licence value is mad enoughRemember they are also effectively up for sale

[bean02] 11/6/2020 14:09

Over 250k @ 2.59 were nt again

[howdlep] 11/6/2020 13:55

MM's looking for stock, hence the narrowing spread. This could be the prelude to a sharp move higher.

[trentendboy] 11/6/2020 13:49

Tricky share to trade - a 100 percent rise could come any time

[blueball] 11/6/2020 13:48

Going ballistic now.

[bean02] 11/6/2020 12:31

600k available at 2.39 then nt

[howdlep] 11/6/2020 12:08

yes indeed. However, the lobbying together with any amendments will have been completed by the 15/6. No additional evidence will be heard at the 15/6 hearing

[mip55] 11/6/2020 11:49

Not strictly true. Outcome will be to put it to a Senate vote if it passes the Suspense session

[taffy100] 11/6/2020 11:01

Posted by UK000554 on LSE

California Sports Betting Bill Leaves Us In Suspense



comment seems favourable

[howdlep] 11/6/2020 10:57

We now have a real window of opportunity before the Appropriations Committee Suspense Hearing of 18 June, simply reveals the fate of the Bill. It is either passed with or without amendment or held in Committee. Negotiations are taking place NOW, ahead of the budget deadline of 15/6.

The full implications of the huge budget shortfall will be known by then so extensive lobbying will take place over the weekend. CA cannot afford to lose the revenue that sports betting will provide.

Now is the time to be buying WEB, as the share price will be much higher come the 15/6.

[bean02] 11/6/2020 10:33

Pull back complete

[trentendboy] 11/6/2020 10:04

If we go to ballot in November the share price should hold around the 3-5p mark then explode if the vote is positive Hard to see CA holding out for much longer given that another 22 states have regulated already

[noirua] 11/6/2020 09:59

The enthusiasm for sports betting in the states is unlikely to die away quickly. Possibly a good call to buy at 2.1p.

[fatfish] 10/6/2020 08:16

Festario
8 Jun '20 - 12:41 - 3442 of 3455
0 0 2
I sold these on Friday... 500k of them, more fool me!

it would appear NOT

Back to 1p

[collywobbler] 09/6/2020 22:29

So you didn’t watch the feed then? Webis through to the next round, Dodd has 2 weeks to win over the tribes. It’s like a Netflix series !