I think the future of PBH looks a lot brighter than the future of TAH.
Your argument of the next financial report looking weaker due to no sport very much applies to TAH also. All betting companies will be in that same position.
Tabcorp will lose a good chunk of their revenue due to their offline services being unaccessable as Jhilly pointed out. If anything I see them in a worse position than PBH because of this.
BetEasy folding into Sportsbet I believe is a good thing for PBH also. Most bettors like to use a couple of betting companies to compare prices and give them more options (different markets etc). Now BetEasy is gone, I wouldn't just assume all BetEasy users will suddenly use Sportsbet.
Hopefully PBH can capatilise on this as suggested in their Business Update.
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Ann: Investor Presentation - Q3 FY2020, page-15
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Last
69.5¢ |
Change
0.020(2.96%) |
Mkt cap ! $230.2M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 69.5¢ | 67.0¢ | $227.2K | 331.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10498 | 69.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 6336 | 2 |
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| PBH (ASX) Chart |