BET 7.41% 12.5¢ betmakers technology group ltd

How the heck are betr simply able to walk away 2yrs into a 10yr...

  1. 688 Posts.
    lightbulb Created with Sketch. 160
    How the heck are betr simply able to walk away 2yrs into a 10yr commitment without paying a substantial break fee? Did the board approve the contract? Will the board attempt to claw back some of Tripp’s payments?

    Think of the upfront $30M payments to Tripp ($15M cash + $15M shares), development costs and time spent supporting betr while they were running promotions to build their customer base but paying BET little because they were generating net gaming revenue.

    Is BET a legitimate commercial business or a personal piggy bank?
 
watchlist Created with Sketch. Add BET (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
-0.010(7.41%)
Mkt cap ! $120.6M
Open High Low Value Volume
12.5¢ 13.0¢ 12.0¢ $34.59K 275.2K

Buyers (Bids)

No. Vol. Price($)
1 48579 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 198595 7
View Market Depth
Last trade - 16.10pm 14/05/2024 (20 minute delay) ?
Last
12.5¢
  Change
-0.010 ( 3.85 %)
Open High Low Volume
13.0¢ 13.0¢ 12.5¢ 207636
Last updated 13.43pm 14/05/2024 ?
BET (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.