its already way oversold and being held down.
pointsbet > wynnbet and wyn have reportedly said they wont accept 500m USD and are now asking for mid to high, so 750m USD.
at Fridays close, PBH market value is 1280m.
with 520m cash and a profitable onshore business worth 300 to 500m
Pointsbet USA is worth 1bil AUD and the least.
heavily held down and only the brave are buying and they will be rewarded very well for understanding the business, market dynamics and whats at play here.
Media Update, page-1123
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Last
46.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $152.8M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.5¢ | 46.5¢ | $188.6K | 403.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 173825 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 271280 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PBH (ASX) Chart |