in the investor presso they said that the front loading of the sales and marketing expense for the FY will reduce the cash burn in Q4 to circa 40m
https://www.openbriefing.com/OB/PointsBet-Holdings-Ltd/2023/4/28/Q3-FY2023-Appendix-4C-Investor-Presentation-Conference-Call/5118.aspx
so if we say cash at 31 March $251.7m less $40m. say $210m roughly at 30 June which is 2 months away.
say we value the Australian Business at $220m conservatively (since they seem not to get any deals done at $250m+) that gives
$430m, the market cap is $474m at closing price of $1.55 or around $44m allocated for US business.
but dont forget even at todays price that buys you a ticket for another 3 months until the next quarterly is out end July... but in reality if they will coming out with a one off cash burn of only 40m before returning to higher levels in Q1 next FY... then really your buying around a 6month ticket until October 2023 when they announce Q1 FY24 results where the cash burn may return (but with possibility the business has continued to advance over that six months)
I dare say we hear something one way or another re: M&A and the US business before then.
- Forums
- ASX - By Stock
- PBH
- Moelis & Co.
Moelis & Co., page-48
-
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PBH (ASX) to my watchlist
|
|||||
Last
46.0¢ |
Change
0.005(1.10%) |
Mkt cap ! $149.7M |
Open | High | Low | Value | Volume |
45.5¢ | 46.3¢ | 45.3¢ | $371.9K | 813.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.5¢ | 23521 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.455 |
19 | 139272 | 0.450 |
6 | 83305 | 0.445 |
11 | 77297 | 0.440 |
2 | 4298 | 0.435 |
Price($) | Vol. | No. |
---|---|---|
0.465 | 23521 | 5 |
0.470 | 2209 | 2 |
0.480 | 33122 | 4 |
0.485 | 6187 | 1 |
0.490 | 5200 | 1 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
Featured News
PBH (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online