PBH 0.00% 46.5¢ pointsbet holdings limited

Ann: Q1 FY22 Appendix 4C and Trading Update, page-120

  1. 2,791 Posts.
    lightbulb Created with Sketch. 344
    This is what happens when you have a 'growth' company on extremely high and ambitious multiples, yet its numbers are slowing down. Big time.

    On top of that they're haemorrhaging money like no other. It just goes to show the initial land grab was easy and now it's getting tough.

    I also pointed out to people many times that platforms like this aren't sticky. Not all customers don't hang around - they take their freebies and move on.

    I'm expecting quite a few apologies from people so get in line.....
 
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