I looked up some interesting facts about the gaming industry in Nicaragua, and how this could relate to GHDC. Nicaragua passed new legislation in 2011 regulating the gaming industry, so it, like in Colombia, is fully regulated. I also looked up the number of gaming machines in use in the country, from a comprehensive list of all the casinos, the total number is just over 1400. From GHDC's last press release, the company's IMMEDIATE Nicaragua objective is 1000+ machines. The pr also stated that the company has received a gaming permit from the government in Nicaragua. So it appears to me, that GHDC is in the process of owning / acquiring / refitting THE VAST MAJORITY OF ALL OF THE GAMING MACHINES IN USE IN THE ENTIRE COUNTRY !!
So, how can we not be trading higher ?