Market's view on B90 Holdings
Published on April 2024
- Discussions highlight Mark Blandford increasing his stake in the company to 19.5%, suggesting potential developments that could affect the company’s future.
- A stock watcher highlights the appointment of Andy McIver, an experienced individual from the gambling industry, which could be a positive move for the company.
- Concerns are raised regarding the company’s financial health, with specific mentions of increased losses and revenue downturns, reflecting poorly on the current board’s performance.
- There are mentions of director purchases of shares, suggesting insider confidence in the company’s prospects.
- The company has engaged Panmure Gordon as a joint broker, which is seen as an interesting move for a micro-cap company.
- Stock watchers note periods of strong buying activity and increased share prices, hinting at positive market reactions to certain developments within the company.
- Criticism is voiced over what is termed as ‘death spiral finance,’ with concerns about the implications of such financial arrangements on the company’s stability.
- Positive responses are observed towards increased marketing and potential acquisitions aimed at driving organic growth and achieving profitability.