People buy games from DSG group when they clear up an old bunch for 97p...sadly these are too well publicised (thanks hotukdeals) so vultures grab them 50 at a time. Apart from that, I've never really seen anything.
Comet/OpCapita bid is off.
I do have to wonder what exactly OpCapita were doing with GAME. One of their other concerns, Comet is winding down games (as they're not a good thing to sell due to tiny margins) and also dropping about 1/3 of their staff. Comet having far bigger stores still employed less people than GAME...guess GAME had a lot of part timers (I think this true) or is seriously bloated (seems this is too).
I guess games are alright to sell...secondhand
That said the other beasts will see if its worth taking a bite now or waiting for it to keel over and to let the vultures fight over its carcass.
As for the share price catalysts I'm not too sure Blueshore really understand things. I mean:
“The fact is that GAME has a very viable long-term business model for the next five to ten years,” Blueshore’s Harsha Gowda explained. “It just needs to ride out the current downturn in the console cycle.
Waiting for rain is what that sounds like to me. Also while GAME should a have long term business model they seem to care more about short term fads and buying people out for too much money leading to today.
Also Blueshore said:
“GAME has a huge number of assets. It even owns its Basingstoke HQ which itself is extremely valuable.
If all else fails we have a big office and warehouse to sell off the back of recession.