Dear Paydirt, I dont mean to offend, but if you understood this stock you would realise it is not a spec stock. They are not searching the pilbara with a metal detector.
They are a technology company that supplies technology for most of the largest online bookmakers in the world and now have signed a massive deal with New Jersey who happens to be the second largest state in betting turnover in the USA behind Nevada.
This is not spec this is real and people are now getting to understand how this operates (some not all, obviously).
They have continually stated in the media releases that they do not require a CR.
The price has risen on the back of the stock rising above 100-150 million and instantly hits the radar of stock brokers and their clients. This stock has been re-rated by these brokers to be 40+ guidance and will no doubt be re-rated much higher in the coming weeks and months.
June / July is BET breakout with Tom Waterhouse, 2 of the Australia largest bookmakers on the track opening up online and New Jersey off and running early July.
The rise off this is no surprise. It was 44 cents before Covid 19 and had this external force not occurred this stock would have been 65-85 cents by now.
The perfect example of gambling stocks returning to their previous highs is PBH (pointsbet), it hit low $1 and now sits over $6. And ironically is a client of BET.
This stock is hot because the lights are now on and people can see where this is heading.
Good luck to all current and future holders as well as those that have cashed in for a better day.
BET ON IT FROM YOUR GRANNY, NOW WHERE IS THAT BALD HEADED SHORT DIVORCEE, MY GRANDSON WANTS YOUR MONARO!!!!
BET, page-35
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Last
9.1¢ |
Change
0.003(3.41%) |
Mkt cap ! $87.82M |
Open | High | Low | Value | Volume |
9.0¢ | 9.1¢ | 8.8¢ | $17.22K | 191.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1668 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.1¢ | 46468 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1668 | 0.088 |
5 | 313911 | 0.085 |
1 | 12000 | 0.083 |
1 | 585 | 0.082 |
2 | 115000 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.091 | 46468 | 2 |
0.093 | 99039 | 1 |
0.094 | 29758 | 2 |
0.095 | 50500 | 3 |
0.096 | 300000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
BET (ASX) Chart |
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