PBH 6.92% 90.8¢ pointsbet holdings limited

Pick the bottom, page-62

  1. 43 Posts.
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    based off my quick random analysis from knowing nothing about this company;

    if i had to pick the bottom id go with 0.88 area being the bottom (overtime)

    my off the top variables were,
    - its a betting company (not many long term investors willing to trust such a thing unless they themselves are gamblers lol)
    - its been bleeding cash every year trying to establish itself and gain marketshare also aligns with no dividends
    - competitive area that doesnt have good public connotations; 1 corner away from banning such things or adding a ton of regulations on top
    - unless its coming up with innovative ways to be different to its competitors, i just dont see incentive in placing money in such a company, its literally just trying to get as much reach and bank on house odds to profit/sponsorships

    also i cbf looking into the management side since i gotta go prep dinner enjoy my 10min analysis results :shrug:
 
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Last
90.8¢
Change
-0.068(6.92%)
Mkt cap ! $301.5M
Open High Low Value Volume
95.0¢ 96.0¢ 88.5¢ $1.259M 1.372M

Buyers (Bids)

No. Vol. Price($)
22 22931 90.5¢
 

Sellers (Offers)

Price($) Vol. No.
91.0¢ 1282 2
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Last trade - 14.28pm 12/11/2024 (20 minute delay) ?
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