If WMH keeps making progress in the US and online, at this price it is surely going to be a target for a takeover or consolidation event in which case it's fair value at least should immediately be unlocked i.e. closer to £2 a share. Therefore I see a potential 30%+ upside and am buying at this level as a "special situation". In the meantime, you get paid 7% yield to wait.
Well, i'm back in at 177/178, smallish position for the moment.
That is very strange, I've just registered here and yet I see that my thread from ii is published here, that's a bit of a surprise.
RNS yesterday indicate Parvus Asset Management Europe Limited's stake in WMH has now gone above 17%...quite a big chunk. Active investor may be about to get more active...is it worth riding their coat-tails? What d'yall think?
Gambling has been done since the year dot and the desire to gamble is hardwired into the human - especially male - brain. There is a place for a responsible, regulated gambling industry in society. We don't need to become all 'nanny state' about every single thing that has some potential for collateral damage; otherwise the world would become a very boring place.
Welcome to the new William Hill stream forum! Messages posted in the William Hill stream will be logged here for posterity.
Latest from the Community...
Latest from the Community...
Latest from the Community...