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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47.0¢ |
Change
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Mkt cap ! $154.4M |
Open | High | Low | Value | Volume |
47.0¢ | 47.5¢ | 46.5¢ | $165.6K | 352.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21505 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 51444 | 2 |
View Market Depth
No. | Vol. | Price($) |
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7 | 57208 | 0.465 |
13 | 78497 | 0.460 |
7 | 124500 | 0.455 |
24 | 254558 | 0.450 |
6 | 42360 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 51444 | 2 |
0.485 | 40000 | 2 |
0.490 | 53248 | 2 |
0.495 | 26210 | 3 |
0.500 | 130029 | 10 |
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