I thought PBH was a bag of crap when it listed but power of the listing and raising cash for marketing and expansion turned it into a beast. Just so happened we had an Australian gambling industry boom during covid too which provided a nice tailwind for the industry.
Similar model here but I imagine will be on a lesser scale. Sullivan (ex Sportingbet) imo has the capacity to grow it.
Capped for forward growth and a very low free float so stock can move easily when pushed.
BlueBet vs Pointsbet comparison at IPO, page-38
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $50.37M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 17.0¢ | $38.69K | 227.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 121000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 31913 | 1 |
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| Last trade - 10.38am 20/06/2024 (20 minute delay) ? |
| BBT (ASX) Chart |