I got hounded for saying to sell when PBH was at $11. It is now a very good long term buy for me.
They raised cash at the right time and can weather the bad market conditions and build market share.
If they sold off all of their assets I think they'd get $1bil+. So at $600mil market cap I feel there is a very good level of safety to buy now and DCA if it falls further.
Ann: PointsBet Launches in Louisiana, page-2
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Last
49.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $160.6M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 48.0¢ | $102.8K | 211.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 202419 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 61683 | 12 |
View Market Depth
| Last trade - 11.54am 04/09/2024 (20 minute delay) ? |
| PBH (ASX) Chart |