BET's management need to have a serious look at their spending and blow out in wage costs. The dilution of existing shareholders for total growth needs a reality check.
Use some of the cash on balance sheet over issuing more stock.
Can see where instos are loving the short here.
Management needs to get serious about running a profitable business not a charity company.
BET overspending - continuous shareholder dilution
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $121.2M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $38.87K | 314.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 381224 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 547316 | 7 |
View Market Depth
| Last trade - 16.10pm 31/01/2025 (20 minute delay) ? |
| BET (ASX) Chart |