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Ann: One of Australia's biggest punters bets on the Global Tote, page-10

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theShortingHat

179 Posts.

9

15/06/17

13:04

Post #: 25292772
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Originally posted by Reaper11 ↑

If Bartholomew makes $10 million, Top Betta still needs to make $10 million from other punters to finish square. The confidentiality of the agreement means we don't know the motivation of either side. Bartholomew might have no intention of betting $200 million per year. He might simply want a provider who will bet him BO4 totes for large amounts. He might figure that even if he crushes the Global Tote dividend with the size of his betting, he's still getting on traditional best tote for large amounts.

Reaper

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That is not how totes work

TBH Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Last 8.5¢		Change 0.003(3.05%)		Mkt cap ! $80.10M

Open	High	Low	Value	Volume
8.5¢	8.5¢	8.3¢	$51.54K	608.4K

Buyers (Bids)

No.	Vol.	Price($)
1	7969	8.4¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	30781	4

View Market Depth

No.	Vol.	Price($)
3	90319	0.083
3	28475	0.082
1	1000	0.081
7	242269	0.080
6	228483	0.079

Price($)	Vol.	No.
0.084	15826	5
0.085	33811	4
0.086	490431	3
0.087	81024	2
0.088	304318	4

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