PBH 8.97% 79.0¢ pointsbet holdings limited

2022, page-4

  1. 617 Posts.
    lightbulb Created with Sketch. 111
    Definitely agree that the trend of the industry determines the price, but it's only based on trends end of the day and those prices were based on a lot of hype to a newly created market. The hype has died down and sadly people don't tend to see the big picture in the long run. Most seem unsure of the market's stance and where it will be in the future with little research and this seems to have caused a massive sell off. More states and more growth will attract more potential clients, and in turn more market share.

    If they pull in results in increase of revenue and lower their then for sure they are likely to increase in price. Saw someone say market share in Michigan is up 2% since last report, that's worth noting and hope for the same in other states.

    Overall, what I'm getting at is that the price will show massive improvements in 2022, they have to increase by Sept if they want to keep more holders around and happy. Who knows what's to come after that, 2023 might be even worse than 2021.

    It's definitely a long term investment and the market will simply mature and stock prices will become more accurate to value of companies.
 
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79.0¢
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72.5¢ 79.5¢ 70.5¢ $2.343M 3.155M

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No. Vol. Price($)
1 2354 78.0¢
 

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Price($) Vol. No.
79.0¢ 7052 2
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