Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research On Wednesday, Mr. Jeremy Raper of Raper Capital issued an open letter to Bragg Gaming, requesting the company to consider the immediate pursuit of strategic alternatives, including a full or partial sale of the company. Mr. Raper is self-reported to own 375,000 shares of Bragg (~1% of shares outstanding), representing the second-largest disclosed non-insider investor of the company. Last week the President and COO said she would be resigning, so the company is in a bit of turmoil. The stock rose 24%. But, just because a shareholder is making waves doesn't mean the company will be sold. It has grown revenue and is now cash flow positive, with earnings expected next year. The stock is up 48% YTD, though massively down from its 2021 high when everything soared. It has a clean balance sheet with a bit of net cash. The outlook we think is decent. We like the gaming/gambling sector. As a small company its stock has done OK considering the weakness across the sector. The jump we think is a little overdone, as nothing in fact may happen. The company has no obligation to a disgruntled shareholder owning 1%. But we would consider it a decent small cap today, regardless, and this event may attract more interest to the company. Unlock Premium - Try 5i Free
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research On Wednesday, Mr. Jeremy Raper of Raper Capital issued an open letter to Bragg Gaming, requesting the company to consider the immediate pursuit of strategic alternatives, including a full or partial sale of the company. Mr. Raper is self-reported to own 375,000 shares of Bragg (~1% of shares outstanding), representing the second-largest disclosed non-insider investor of the company. Last week the President and COO said she would be resigning, so the company is in a bit of turmoil. The stock rose 24%. But, just because a shareholder is making waves doesn't mean the company will be sold. It has grown revenue and is now cash flow positive, with earnings expected next year. The stock is up 48% YTD, though massively down from its 2021 high when everything soared. It has a clean balance sheet with a bit of net cash. The outlook we think is decent. We like the gaming/gambling sector. As a small company its stock has done OK considering the weakness across the sector. The jump we think is a little overdone, as nothing in fact may happen. The company has no obligation to a disgruntled shareholder owning 1%. But we would consider it a decent small cap today, regardless, and this event may attract more interest to the company. Unlock Premium - Try 5i Free
Why $SAVE has a MONSTER setup for a 50x potential return. : r/wallstreetbets
Bragg Gaming Group Inc. (BRAG) Stock Forecast & Price Prediction 2025, 2030
BRAG - Bragg Gaming Group Inc. Stock - Stock Price, Institutional Ownership, Shareholders (TSX)
Bragg Gaming: 2023 Is Shaping Up As A Good Year As Margins Improve (NASDAQ: BRAG)
The Frye Team NMLS 213439 - Fredericksburg Virginia
Boyd Gaming Stock: Great Value With Clear Road To Recovery (NYSE:BYD)
Midwest Bonding Matt Higgins at 763-502-1370
POST, MDLZ, CELH: Which Strong-Buy-Rated Stock is Best?
Big Daddy Targets AR500 Shooting Target (Unused) in Lake Worth, Texas, United States (IronPlanet Item #10703529)
Midwest Bonding Matt Higgins at 763-502-1370
Bragg Gaming Group Inc. (BRAG) Stock Forecast & Price Prediction 2025, 2030
A Financial History of The United States, PDF, Securities (Finance)
Midwest Bonding Matt Higgins at 763-502-1370
2 High-Yield Blue Chips At 52-Week Lows Worth Buying
GameStop stock sets record, then loses bulk of gains in another volatile day of trading - MarketWatch