According to my own research, I believe Betmakers is now at the point at which it would be operationally cash flow positive. And given this, I feel the SP is at bargains levels and that the current SP is seriously undervalued.
What metric would you use to determine a fair value for a cashflow positive business?
I believe too, that is therefore valuable as an investment for individual shareholders, and would/will soon be attracting attention of institutional investors and larger businesses wanting to increase their depth of investment/service offerings in betting related activities. In fact, a number of larger companies already are customers of BET, and should they wish to bring this service in house -- Bet could make a wise investment.
Any other thoughts out there regarding how the now (likely) scenario is that the business is cash flow positive?
Cheers,
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9.0¢ |
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Mkt cap ! $86.86M |
Open | High | Low | Value | Volume |
9.0¢ | 9.1¢ | 8.9¢ | $79.4K | 881.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 33711 | 8.9¢ |
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Price($) | Vol. | No. |
---|---|---|
9.1¢ | 39350 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 33711 | 0.089 |
2 | 220000 | 0.088 |
1 | 68380 | 0.087 |
3 | 196047 | 0.086 |
2 | 70000 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.091 | 39350 | 3 |
0.092 | 58369 | 2 |
0.094 | 111771 | 2 |
0.095 | 134880 | 4 |
0.096 | 100000 | 1 |
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