10 Comments
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Guyver's avatar

I bought the US listed stock and it's down 7% over the past 5 days. Whereas the Sweden listed stock is up 7% over the same time like you say. Funny that.

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Wolf of Harcourt Street's avatar

I always buy on the primary exchange.

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Guyver's avatar

Bit disappointed that the share price went up on the back of earnings for it to be smacked back down the next day.

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Wolf of Harcourt Street's avatar

Stock up 10% over the past week. I wouldn’t call that smacked back down.

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investingwithlars's avatar

I searched the internet for more information relating to the strike in Georgia and I came across some very disturbing information. Apparently they earn way less than people working in real casinos, which could be due to the fact that most of the jobs are entry level jobs, anyway this gives me reason to doubt the quality of the employees which results in questionable failures during live games (yt). This is just one of a few things that came up in the article (https://uniglobalunion.org/news/situation-at-evolution-in-georgia-critical-as-hunger-strike-continues/). My question is how do you feel about this? and is it really that black and white?

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Wolf of Harcourt Street's avatar

I don’t think it’s as black and white. There are two sides to every story, but since that article was written by the trade union, it's important to keep in mind that they are not an impartial observer.

It’s true that these are entry-level jobs with no prior education required, and Evolution provides full training to all staff. The company is not violating any laws regarding the wages it pays.

It’s also worth noting that only 5% of the staff participated in the strike, suggesting that 95% are satisfied with the working conditions.

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Wolf of Harcourt Street's avatar

3 out of 5 is a good result. I wouldn’t say they fell short. To score a 4 the company needs to go above and beyond expectations. This was always going to be a challenging quarter for Evolution given the labour disruptions.

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Mazinguer's avatar

Excellent work, Wolf! Big hug!

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Wolf of Harcourt Street's avatar

Much appreciated 👍

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William's avatar

Nice summary. Where did Evolution fall short on getting just a score of 3?

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