PBH 4.35% 48.0¢ pointsbet holdings limited

yes the share price strength of late is certainly deeper and...

  1. 1,887 Posts.
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    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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Last
48.0¢
Change
0.020(4.35%)
Mkt cap ! $156.2M
Open High Low Value Volume
46.0¢ 49.0¢ 45.0¢ $948.0K 1.997M

Buyers (Bids)

No. Vol. Price($)
4 37599 48.0¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 14772 2
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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