yes the share price strength of late is certainly deeper and feels different to the past pumps but i would not get carried away.
We've seen SP dumps on quarterly ann. Days and they are usually severe, 20% down on 3,4x daily volume.
wouldn't not put it past the shorters behind this run up only to dump massively tmrw.
what could have possibly changed in 3 months ??
Nothing
they are still net losers of cash and most likely nowehere near that going positive despite a slow down of expenses.
Probably just hanging onto 7th biggest sportsbook by net win metrics.
the ONLY way this doesnt go red tomorrow is if they announce a sale of OZ business , or a meaningful, material update re. Corporate activity.
both unlikely imo , but recent activity and strength would give me some slight small glimour of hope that maybe just maybe they will announce a sale to Mr tripp of betr.
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49.0¢ |
Change
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Mkt cap ! $162.3M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 48.8¢ | $331.0K | 674.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15743 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 78559 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15743 | 0.490 |
11 | 114241 | 0.485 |
19 | 378828 | 0.480 |
4 | 39775 | 0.475 |
8 | 83341 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 78559 | 3 |
0.505 | 44036 | 2 |
0.510 | 5000 | 1 |
0.515 | 32000 | 1 |
0.520 | 2000 | 1 |
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