PBH’s stated target at the end of ‘22 is to be operating in 18 states with at least 10% of turnover in each state.
If this occurs, based on the valuations of draftking and penn, the sp should be around $50.
Any serious takeover would need to acknowledge these opportunities in their price.
All in my opinion.
A Takeover Target?, page-15
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Last
47.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $153.6M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.3¢ | 46.5¢ | $88.46K | 188.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 113264 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 42863 | 14 |
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| Last trade - 12.38pm 10/07/2024 (20 minute delay) ? |
| PBH (ASX) Chart |