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Investment Q&A

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Q: Following up on recent questions about PTE.
I am also very surprised by the share price weakness. Since hitting a high of $1.50 it has continued its growth path, paid off debt, signed record sales deals, had coverage initiated, been featured on several subscription services, and been subject of discussion on market call numerous times. Yet the stock seems to have lost its steam.

I realize being discussed on BNN shouldn't be a metric but it seems like PTE was on the brink of being 'discovered' only to have the stock price decline while the company continues to perform.

Are you able to comment on any recent institutional or insider buying/selling?

Thanks.


Read Answer Asked by EVAN on November 14, 2017
Q: Hi,
What is your opinion of NYX's press release today outlining a new commercial agreement with Scientific Games which essentially stymies what William Hill is trying to protect with it's conversion to common shares (US sports betting software control).

The one loophole still remaining for William Hill to defend it's US turf at this point seems to be clause ii) - (ii) by either Scientific Games or NYX if the arrangement agreement dated September 20, 2017 in respect of the Acquisition (the "Arrangement Agreement") is terminated in connection with NYX entering into a superior proposal or the board of NYX making a change in recommendation and in either case the superior proposal is consummated.

What is your outlook given this new information? Does it now seem more likely that the pressure is mounting for William Hill to either make a higher bid or accept the offer?
Read Answer Asked by Ian on November 13, 2017