A serious thread , for a serious business, page-403

yup and also - https://marcustoday.com.au/2021/04/asx-buy-hold-sell-betmakers-bet-2/

Marcus also writes for money magazine so could get a mention in there in coming months too...

I saw a comment on Friday from a poster saying the price was overdone ... what you have to appreciate here is that small and early investors are beginning to become rewarded for their foresight and being 5 steps ahead of the market on BET... This was a bit of a Peter Lynch one up on wall st play for those of us with an understanding, experience and history of the racing industry, how it works and who the players are etc and most importantly the ability to see the important role BET is filling in the market and global revenue and expansion opportunities.

What you also have to appreciate is that as BET grows profile and market cap. the de-risking and onboarding of investors will come even if 'nothing' is happening for a few weeks or a month because there is now other investing/industry moves at play here that are not unique to BET but to the market generally. milestones such as joining the ASX300 (not far off IMO) and ASX200 are big given the levels of ETF and passive investing. inclusion in these also allows more buying through superfunds (outside of SMSF) such as hostplus choice plus etc and similar...

more recently we are gaining a lot of attention from active fund managers trying to achieve alpha , more stock profiles and buy recommendations

BET just needs to continue kicking goals and rest will take care of itself. the extra impact of momentum (which I haven't even mentioned yet) such as momentum investors will accelerate the SP.

TL/DR - you need to now starting thinking about the operation of investment markets and wider investing trends to realise you need to be now tacking a bit onto the SP as a premium to account for this (completely outside the BET business itself) and something you don't get when sitting on a stock in the first $500M market cap. As the benefit to the SP of BETs rising profile is only just beginning IMO (post >$1) IMO