Speaking of Waterhouse, the below is a snippet from an article posted on news.com.au last night...
"BetMakers jumped 14.84 per cent to 73.5 cents after the Waterhouse VC fund became a major shareholder, with 8 per cent of voting rights.
“BetMakers and the Waterhouse Group paired up to create the tomwaterhouse.com betting application and trading desk previously, delivering $8m in revenue during the first half of the 2021-22 financial year for BetMakers,” Mr Tchourilov said.“Their share price has been seriously depressed in recent months for various macroeconomic reasons, which could be a nice entry point for retail investors.
“The prospect of rising interest rates can take a bite out of valuation for companies like BetMakers, however, it’s worth noting that the company is essentially debt-free and operating with a positive cash flow.”
