There is one really big seller of this games developer. Looks like an institution or other major holder. Does anyone know who they are and why they are selling? They look like a forced seller. Comments please.
I am a keen & experienced investor. I love my spread sheets, and like to think that I know what I am doing. I wouldn't be offended to be described as a bit geeky. Mostly I do well, but I always strive to do better. Married male. Born 1957 England. Good career in industry for 35 years. Been successfully investing for about 30 years. I chose to retire from salaried employment at age 57 to look after my investments. I consider myself to be quite analytical / logical / mathematical, but also take into account how the world is likely to change & how people behave. I always follow my processes before taking action. more »
Yes this was due to a lot of money spent on games software development. The main things were that revenue is in line with expectations and EBITDA broadly in line, ie a slight miss. I haven't bought any yet, but will do so when the big seller stops driving the share price down. I haven't been able to find out who the seller is due to lack of reports on the Investegate .
