BBT betr entertainment limited

Decent progress but feels like there is more hard work...

  1. 20 Posts.
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    Decent progress but feels like there is more hard work ahead.
    Assuming the US is shut down (no further cash cost), Aussie business is trading at good margins and still marginally losing cash once you factor in the staff development costs they're capitalising.
    Noted $7m advertising costs - not sure if they're indicating they'll pull back from that spend. But any reduction in advertising or promos would be contradictory to their goal of growing market share.
    They have net $5.7m in cash which they'll need to manage carefully to avoid a cap. raise before 2025 Spring Carnival.
    Seems obvious that regardless of marketing strategy, they need to cut overheads further.
    https://hotcopper.com.au/data/attachments/6770/6770846-974944f3c95879f51c22f2d78a7dd599.jpg
 
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Last
31.0¢
Change
-0.010(3.13%)
Mkt cap ! $317.9M
Open High Low Value Volume
31.5¢ 32.0¢ 29.3¢ $259.0K 853.5K

Buyers (Bids)

No. Vol. Price($)
2 87355 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 1790591 3
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Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
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