Having a scotch as we speak and going back for another shortly,
They have clearly rattled the market buy stating H2 would be modestly above H2FY17and then dropping this bomb on us.
It looks like pacman has had it's run. A reduction in participation income is bad. That's the reoccurring revenue. They have been striving to increase this, which they have, but only modestly over the past years. And what the hell is going on, it's a licenced title so should demand a premium not a lower gross margin.
All said and done it's the hand of the opposition that has dealt this blow. They are up against a behemoth in ALL.
Now we have the Second strike to contend with, which IMHO, is almost a given. Then a EGM at some stage and possible spill.
It is turning into a nightmare. I just can't see some of these directors surviving the next AGM.
Rough day for all holders.
Ann: AGI Release re Trading Update & North America President, page-13
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Last
75.0¢ |
Change
0.005(0.67%) |
Mkt cap ! $252.5M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 75.0¢ | 74.0¢ | $8.3K | 11.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 2161 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| AGI (ASX) Chart |
