Or possibly everyone may be in a similar position and have to sell 
, driving the price down
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Hmm, not sure about that. Some brokers may freeze buying until the decision is announced, but in regards to actually having to sell your shares, I think that Freetrade users are in the small and unfortunate minority on this one.
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Hi
The notes from freetrade talk about selling by a given date… Does anyone know how long this might be? I’m thinking the more time we have to sell the better to try and get a decent price. I’m currently pretty much breakeven on this before today’s movement.
From Dan’s most recent in-app message:
There will be no further announcements of dates or timelines until after the court meetings, however, if approved there is a high likelihood that these proposals will become effective very shortly after the meeting.
Personally, I can see there being a flurry of buying if the proposal goes through, with SP going potentially north of 190, maybe even breaking 200p. I’ve been slowly selling small portions of my holdings, with the view of making a profit similar to that of the proposed cash compensation. Not advice.
From latest RNS:
Proposed cancellation of admission to trading on AIM
Contingent upon the Scheme becoming Effective, cancellation of admission to trading of ordinary shares of GAN plc on AIM is expected to take effect on or before May 14, 2020 (being the Longstop Date for the Scheme).
It is anticipated that a request to AIM for the suspension in the trading of the ordinary shares of GAN plc will be made in advance of the commencement of trading of shares in GAN Limited on NASDAQ (subject to the conditions regarding the closing of the U.S. fundraise).
Further details will be disclosed in a future announcement regarding the launch of the U.S. fundraise process, in which GAN plc expects to provide as close to ten business days’ advance notice ahead of suspension as is practicable, as circumstances dictate in connection with the U.S. fundraise process.
Sold out yesterday afternoon after the announcement, luckily I managed to break even. They will probably shoot up now 
Any thoughts on Gan for the next couple of weeks. I’ve sold half my holding at +15%
Should have really posted on here at the time, but I found out that a lot of other brokers were suspending buying of GAN around the time of the announcement, and subsequently got out just above break even (didn’t quite fancy the risk at the time, despite my comments above about a soaring SP - 195p at time of writing this!) and allocated the cash to a few other similar stocks which will hopefully bear fruit soon.
If you can handle an emotional rollercoaster with an unpredictable and potentially abrupt ending, I personally think that AIM-listed GAN will see a lot more institutional investment and could reach/surpass 220-250p before suspension if you really fancy squeezing that little bit of extra profit out of your remaining holdings.
Glad to hear that nobody has been too burnt by this rather unfortunate incident, and best of luck to all who have transferred brokers and get to be involved in GAN Bermuda’s exciting new adventure!
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In app message says sell them by 1st may or freetrade will sell them off. Was going to sell this morning then it shot up by 20p! Anyone else thinking of just seeing it through? I wondered if a mass selloff might crash the price when ft sell them?
Yep think I’m gonna just see it through! Not a huge loss either way it swings, but they’re making some nice gains… +40.48% as it stands right this minute
They just got sold for me - 225p, not bad at all.
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but there was a 4:1 share consolidation and the current NASDAQ GAN price is $19-20 dollars so say 5 dollars a share say £4 …so we missed out
I held through HL and through AJ Bell and they were (slowly) transferred into new NASDAQ shares and I continue to hold
I was a little disappointed FT could tn do this but do recignise there will be huge complexities in doing this
R
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Have to say I agree with you there. I hope that GAN plc can be an example that can be used for Freetrade to execute a strategy for companies that do this in the future. Not so keen on the idea of having to miss out, which would push me to look at holding specific shares with another company if Freetrade were to advise of this happening again
“shares in the new Bermuda registered company will only be issued in paper form. This means they can’t be traded electronically via the Freetrade app.”
Could it be something to do with this? Maybe HL are holding your paper shares now? Either way they’re so busy with big moves, I don’t think they have the manpower yet to chase down things like this sadly.
B2B supplier of internet gambling software service solutions predominantly for the US land based casino industry.
Partners include Betfair, Sisal, Paddypower, worldpay plus many more.
Things are just opening up for the US gambling market and I think this will be a gem 1-2 years time.
Keep your eyes peeled!!!
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results after hours tonight
prelim results were announced back on 7th July (see below)
wonder if they have have an new announcement to surprise and delight! ? I sincerely hope so
GAN Announces Strong Preliminary Second Quarter 2021 Results
Second quarter revenue expected to be between $34 million and $35 million, increases full year guidance to range of $125 to $135 million
July 07, 2021 04:05 PM Eastern Daylight Time
IRVINE, Calif.–(BUSINESS WIRE)–GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service (“SaaS”) provider to the real money internet gaming, online sports betting, and simulated gaming industries, today announced strong preliminary results for the second quarter of 2021 driven by its new Business-to-Consumer (“B2C”) segment, which comprises Coolbet. Based on preliminary financial results, the Company currently expects to report second quarter revenue of $34.0 million to $35.0 million and positive Adjusted EBITDA ranging from $3.0 million to $7.0 million, as higher than expected revenue more than offset strategic investments in talent and technology. The Company is also increasing full year revenue guidance to a range of $125 million to $135 million.
The Company’s results were primarily driven by stronger than expected performance from the Company’s B2C offering in Latin America and Northern Europe, with sports results benefitting from higher-than-expected sports betting margin (calculated by dividing Gross Gaming Revenue by Amount Wagered) of 9.7% for the quarter as compared to 6.8% in the first quarter, while also maintaining marketing spend efficiency. The Company noted that its revenue growth accelerated during the second half of the quarter driven by two major international sporting events.
This updated financial outlook is based on information available to the Company as of the date of this release and is subject to the completion of quarterly closing procedures. The Company will provide a more detailed update on the second quarter’s performance, as well as its 2021 fiscal year guidance, during its second quarter earnings call planned for August 16, 2021.
Dermot Smurfit, CEO of GAN, commented :
“Momentum has carried through the second quarter and driven continued sequential top-line growth for the business. The B2B business is performing in-line with our expectations and continuing to win new clients here in the U.S. while the B2C business is capitalizing on the Latin American market opportunity, equipped with a highly social sports offering delivering viral customer acquisition. Looking back, we identified and acquired a business at the outset of this year that is now performing significantly ahead of plan. We are very pleased with where we stand halfway through the year on both our segments and look forward to providing more detail next month.”
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Stock had a nice bump on this preliminary guidance in July, then the market seemed to forget about the news. Hopefully it easily gets back above $18 when the announced that. Interesting to see what happens in the cases where companies have acquired other players in the industry who have their own back end infrastructure
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Aftermarket not impressed with ER but Dermot Smurfit the CEO presents with enthusiasm and confidence
no debt, growing revenues and the NFL season due to start in Sept
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Director buy $250,000 of shares
GAN Limited (NASDAQ:GAN) CEO Dermot S. Smurfit acquired 18,100 shares of the stock in a transaction on Thursday, August 19th. The stock was bought at an average price of $13.85 per share, with a total value of $250,685.00.
Following the transaction, the chief executive officer now directly owns 180,100 shares of the company’s stock, valued at approximately $2,494,385. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
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GAN to buy back $5million worth of its own shares over the next 4 months