PBH (EML US gaming client) is raising $122 million to accelerate their growth ambitions in the US.
that is a big positive for EML !!
other snippets from PBH presentation:
- 6.7% market share in NJ
- 1 in 10 of men 21 years or older already recognize PointsBet brand in Indiana and Illinois. promising for PBH prospects there when launched.
- PBH promoting cash out options for punters.
all this progress should benefit and flow on to EML over time.
the share price is reacting accordingly
PointsBet (PBH) Equity Raise - Big ++++
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65.5¢ |
Change
-0.010(1.50%) |
Mkt cap ! $246.5M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 68.5¢ | 65.5¢ | $664.8K | 1.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26966 | 65.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.5¢ | 9928 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| EML (ASX) Chart |