yes I agree the irony in using the term fundamentals on a growth stock
fundamental analysis isn’t just analysing profit or the balance sheet.
if I only invested in profitable companies, I would have struggled to beat the all ords year on year
have you been living in a cave the past 5-6 years while global markets have seen the quickest climb to ATHs on record, and how much of that growth comes from “overvalued” forward looking growth stocks?
I think you need to go away and research the market PointsBet operate in, compare it to peers.
This is a very young (2 year old) stock that is doing exceptionally good
the fact you think this will never make a profit, confirms to me you don’t know anything about the stock, it’s market or haven’t understood the reports
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